Bitcoin Hits Three-Month High as Bulls Face Crunch Resistance

Bitget App

Trade smarter

Cointime2023/10/23 06:39

By:Cointime

Bitcoin reached a new three-month high on October 23, surpassing $30,000 for the first time since the summer and approaching key long-term resistance levels. Analysts suggest that Bitcoin may experience a significant move higher, with similarities to just before the year-to-date high.

Altcoins are also experiencing gains, with Santiment noting a new crypto market setup where altcoins are moving higher in step with Bitcoin, rather than falling behind. However, caution is still advised as Bitcoin faces crunch resistance and every investment and trading move involves risk.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: Mark Rutte called for a massive NATO defense upgrade, demanding a “quantum leap” in readiness against Russia. He wants NATO countries to spend 3.5% of GDP on defense and another 1.5% on security projects by 2032. Defense ministers agreed to a fivefold increase in ground-based air systems and new troop contributions.

Cryptopolitan•2025/06/09 10:49

NATO Secretary General Mark Rutte calls for ‘quantum leap’ in collective defense against Russia

Senate Republicans can’t seem to agree on passing Trump’s Big Beautiful Bill

Share link:In this post: Senate Republicans are fighting over Trump’s spending bill and can’t agree on key cuts. The bill could add $2.4 trillion to the deficit over a decade, alarming fiscal hawks. Medicaid work rules, food aid shifts, and energy tax credits are major sticking points.

Cryptopolitan•2025/06/09 10:49