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Price Analysis October 31st, 2024 – BTC, BNB, ETH, SOL, XRP, and DOGE

  • Bitcoin price rose near its peak on October 29th, but bears prevented it from reaching new levels.
  • Positive employment data and a potential Trump victory could push Bitcoin to $100,000 in early 2025.
  • Rising BTC price has caused FOMO among institutional investors, who have invested over $3 billion into spot Bitcoin ETFs.
  • Support levels to watch if Bitcoin fails to guard $70,100 are $67,712 and the 50-day Simple Moving Average of $64,259.

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