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Crypto traders urge caution as Bitcoin price hits 3-month high near $31K

From cointelegraph.com

Bitcoin hit new three-month highs on Oct. 23 as the week’s first Asia trading session produced snap gains. Data from Cointelegraph Markets Pro and TradingView showed BTC price adding momentum to reach $30,944 on Bitstamp. The largest cryptocurrency saw its first weekly close above $30,000 since the summer, going on to tackle levels closer to key long-term resistance. This included the 2023 high, currently at $31,800. “Bitcoin is back at key resistance for the third time in 6 months,” popular trader Jelle responded in one of the day’s X posts. “Time to be cautious, but I don't think you want to be bearish here just ... (full story)

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