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Bitcoin Battles Key Technical Levels as Uptober Momentum Fades
Yahoo Financeยท2025-10-21 10:38

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, 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 ...