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Bitcoin Price Prediction as BTC Bounces from Recent Bottom

Bitcoin, the flagship cryptocurrency, seems to be showing signs of resilience. After its recent price plummet, BTC has managed to bounce off from its bottom, trading today at $26,919 – a slight uptick of 0.53% in the last 24 hours. This brings the overall live market cap of Bitcoin to a robust $525.29 billion. Current data from CoinMarketCap places Bitcoin unchallenged at its #1 position. Diving into the daily technical outlook of Bitcoin for October 14, based on a 4-hour chart timeframe, a central pivot point is identified at $26,400.On the brighter side, Bitcoin could challenge the immediate resistance pegged at $28,000. On the brighter side, Bitcoin could challenge the immediate resistance pegged at $28,000.


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