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Daily Chart
On the daily chart, BTC found support and rebounded from the 200-day moving average near $108,000. This area remained under strong demand during previous corrections and formed the basis for the recent bullish move in September and early October.
However, the asset has yet to break above the broken channel midline or the 100-day moving average, which are both located near $115,000. Until we see a daily close above these two resistance levels, buyers will not regain full control.$BTC #AreYouBullishOrBearishToday? #OctoberMarketPrediction #SpotETFApprovalUpdates #OctoberRateCutForecast #BitcoinPriceOutlook