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    Bitcoin (BTC) price prediction for October 26th
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    Bitcoin (BTC) price prediction for October 26th

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    1 minute, 6 seconds Read

    Bitcoin (BTC) price prediction for October 26th

    Cover photo via U.Today

    Disclaimer: The opinions expressed by our writers are their own and do not reflect the views of U.Today. The financial and market information provided on U.Today is for informational purposes only. U.Today is not liable for any financial losses incurred when trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. All content is believed to be accurate at the time of publication, however some offers mentioned may no longer be available.

    According to CoinStats, the market is facing a correction today.

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    BTC chart from CoinStats

    BTC/USD

    The price of Bitcoin (BTC) has fallen by 2.45% since yesterday.

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    Image from TradingView

    Despite today's decline, BTC price looks bearish on the hourly chart. If nothing changes by the end of the day, there is a chance that the resistance at $66,429 will be tested soon.

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    Image from TradingView

    On a larger time frame, the technical picture has not changed significantly since yesterday.

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    Toncoin (TON) price prediction for October 24th

    In this case, continued consolidation in the $66,000-$68,000 area is the more likely scenario.

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    Image from TradingView

    From a medium-term perspective, the bulls may need more time to gather energy for a further move. If the weekly bar closes far from the previous candle high ($69,363), there is a possibility of a decline to the $64,000 level.

    At press time, Bitcoin is trading at $66,730.

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