Bitcoin

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Buyers seem that they are not going to give up easily, according to <a href="https://u.today/shib-price-prediction-for-october-9" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="292e846c-309d-4c49-a29d-f8a0219a38ee" src="https://u.today/sites/default/files/inline-images/top10_1408.png">BTC chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
The price of Bitcoin (BTC) has risen by 1.22% since yesterday. <img data-entity-type="file" data-entity-uuid="73bfd30f-d565-4b7c-947a-766d00cbc2ba" src="https://u.today/sites/default/files/inline-images/btc1_229.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of BTC is going up after a breakout of the local level of $61,246. If the daily bar closes above that mark and with no long wick, growth is likely to continue on the weekend. <img data-entity-type="file" data-entity-uuid="c9d48e8c-7347-4bcc-b7a5-2a7ab7e6d83c" src="https://u.today/sites/default/files/inline-images/btc2_210.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the price of the main crypto keeps growing after a false breakout of the support of $59,189. However, BTC might need more time to gather energy for a further move.&nbsp;
In this case, sideways trading in the zone of $61,000-$63,000 is the more likely scenario. <img data-entity-type="file" data-entity-uuid="fae27bf5-09b5-4bc4-914e-50d434c080b3" src="https://u.today/sites/default/files/inline-images/btc3_208.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly chart, the rate of BTC is in the middle of a wide channel, between the support of $53,550 and the resistance of $73,794. The volume keeps falling, which means none of the sides is ready for a sharp move. In this case, traders are likely to see ongoing sideways trading in the area of $60,000-$66,000.
Bitcoin is trading at $61,813 at press time.&nbsp;

Bitcoin (BTC) Price Prediction for October 11

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