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Bitcoin Battles Key Technical Levels as Uptober Momentum Fades
Yahoo Finance·2025-10-21 18:38

Bitcoin continues to struggle during one of its historically strongest months, often referred to as "Uptober," currently down more than 5% and trading below 108,000,asitapproachesseveralcriticalsupportandresistancelevels.The200daySimpleMovingAverage(200SMA),akeyindicatorthatoftenseparatesbullandbearmarkets,nowsitsat108,000, as it approaches several critical support and resistance levels. The 200-day Simple Moving Average (200SMA), a key indicator that often separates bull and bear markets, now sits at 107,846 and acts as immediate resistance. Since the 2023 cycle began, bitcoin has mostly held this level as support, but it slipped below it in the summers of 2 ...