Latest Bitcoin and Cryptocurrency Market Update – October 17

Current Status of Bitcoin and Popular Altcoins: How Long Will the Rise Continue? What are the Key Support and Resistance Levels? Liquidations, Top Gainers and Losers, Upcoming Events, and More!

Bitcoin (BTC) continues its upward movement. The price has decisively broken through the $66,600 resistance and is continuing its rise. In case of pullbacks during the day, the $66,125 level should be monitored. There is no negative outlook in the market or in the price action.

Bitcoin (BTC): The BTC/USDT pair has gained 0.32% in the last 24 hours and is currently trading at $67,387. The resistance levels for BTC are first at $68,433, and then at $70,100. The support levels are at $66,130, and below that, $64,765.

Ethereum (ETH): The ETH/USDT pair has gained 0.97% in the last 24 hours and is currently trading at $2,632. The resistance levels for ETH are first at $2,690, and then at $2,730. The support levels are at $2,510, and below that, $2,410.

Solana (SOL): The SOL/USDT pair has dropped by 0.42% in the last 24 hours and is currently trading at $153.08. The resistance levels for SOL are first at $161.77, and then at $165. The support levels are at $151, and below that, $147.3.

Ripple (XRP): The XRP/USDT pair has gained 22.89% in the last 24 hours and is currently trading at $0.6090. The resistance levels for XRP are first at $0.567, and then at $0.594. The support levels are at $0.545, and below that, $0.531.

Dogecoin (DOGE): The DOGE/USDT pair has gained 3.60% in the last 24 hours and is currently trading at $0.1234. The resistance levels for DOGE are first at $0.1285, and then at $0.11895. The support levels are at $0.11, and below that, $68.50.

In the last 24 hours, the trending coins in the crypto market include Turbo, Solidus Ai Tech, and AI Companions. Among the top gainers are Goatseus Maximus (GOAT), Fwog (FWOG), and MAGA (TRUMP). On the list of top losers are HarryPotterObamaSonic10Inu (ETH) (BITCOIN), Ethena (ENA), and Celo (CELO).

At 15:30 today, the U.S. Jobless Claims report will be released.

When we look at Bitcoin’s 12-hour liquidation map, a significant liquidation is spotted at $68,142 with $20.96 million. On the downside, $21.94 million is seen at the $67,222 level.