The post Bitcoin (BTC) Price Prediction for October 5 appeared on BitcoinEthereumNews.com. The market keeps going up at the end of the week, according to CoinStats. Top coins by CoinStats BTC/USD The price of Bitcoin (BTC) has increased by 0.72% over the last 24 hours. Image by TradingView On the hourly chart, the rate of BTC has once again bounced off the local support of $122,869. If the daily bar closes far from that mark, one can expect growth to the $123,500 range. Image by TradingView On the bigger time frame, the price of the main crypto has made a false breakout of the resistance of $124,517. You Might Also Like If buyers cannot seize the initiative, sellers may be back in the game, which may lead to a test of the $121,000 area. Image by TradingView From the midterm point of view, one should pay attention to the bar closure in terms of $124,517. If the weekly candle closes above that mark, traders may witness further growth to a new all-time high. Bitcoin is trading at $122,982 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-october-5-0The post Bitcoin (BTC) Price Prediction for October 5 appeared on BitcoinEthereumNews.com. The market keeps going up at the end of the week, according to CoinStats. Top coins by CoinStats BTC/USD The price of Bitcoin (BTC) has increased by 0.72% over the last 24 hours. Image by TradingView On the hourly chart, the rate of BTC has once again bounced off the local support of $122,869. If the daily bar closes far from that mark, one can expect growth to the $123,500 range. Image by TradingView On the bigger time frame, the price of the main crypto has made a false breakout of the resistance of $124,517. You Might Also Like If buyers cannot seize the initiative, sellers may be back in the game, which may lead to a test of the $121,000 area. Image by TradingView From the midterm point of view, one should pay attention to the bar closure in terms of $124,517. If the weekly candle closes above that mark, traders may witness further growth to a new all-time high. Bitcoin is trading at $122,982 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-october-5-0