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Bitcoin is cooling its rally — Here are the BTC price levels to watch next By Cointelegraph


Bitcoin is cooling its rally — Here are the BTC price levels to watch next

(BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro And TradingView BTC/USD was seen at $20,500 on Bitstamp, after hitting local highs of $21,012 a day earlier.

(DXY), 1-hour candle charts. Source: TradingView
Chart showing the Fed’s target rate probabilities. Source: CME Group (NASDAQ)
BTC/USD chart annotated Source: Rekt Capital/Twitter
BTC/USD annotated graph. Source: Il Capo of Crypto/Twitter