Bitcoin and $BNB : Calm Trading Near Key Levels
Both coins are moving sideways today (Oct 20), with low volatility.
Bitcoin ($BTC )
Price: Bitcoin is near $82,076 today, with a daily high around $82,246 and a low around $81,192. (ad-hoc-news)
October high and low: The month's high is $87,229 and the low is $79,709. So BTC is trading about 6% below the monthly peak. (cryptoticker)
Trend: BTC sits between its 50-day average at $81,481 and its 20-day average at $83,242. It held up despite "Black Monday" fears, down about 1.4% on the week, and up about 1% over 30 days. (cryptoticker) (investingnews)
News: Spot Bitcoin ETFs saw outflows of nearly $1 billion. Strategy still added 267 BTC from October 12 to 18. (investingnews) (ad-hoc-news)
$BNB
Price: BNB is near $725, with a daily high of about $729.50 and a low of about $721.90. (ad-hoc-news)
Recent high and low: BNB was near $779 on October 7. On October 19 it dipped to about $705.86. That is a fall of roughly 7% from the early-October level. (bybit) (blockchain)
Trend: BNB sits below its 20- and 50-day averages, near the lower Bollinger Band. $700 is the key support, and $800 has capped rallies. (blockchain) (coindcx)
News: BNB Chain burned about 1.65 million BNB on October 19, leaving about 131.5 million in total supply. (ad-hoc-news)
Summary
Bitcoin is holding up better than BNB. BTC is down about 6% from its October high, while BNB is down about 7%. Both are trading in narrow ranges, and a break below support (about $81,500 for BTC, $700 for BNB) would be the next level to watch.
Both coins are moving sideways today (Oct 20), with low volatility.
Bitcoin ($BTC )
Price: Bitcoin is near $82,076 today, with a daily high around $82,246 and a low around $81,192. (ad-hoc-news)
October high and low: The month's high is $87,229 and the low is $79,709. So BTC is trading about 6% below the monthly peak. (cryptoticker)
Trend: BTC sits between its 50-day average at $81,481 and its 20-day average at $83,242. It held up despite "Black Monday" fears, down about 1.4% on the week, and up about 1% over 30 days. (cryptoticker) (investingnews)
News: Spot Bitcoin ETFs saw outflows of nearly $1 billion. Strategy still added 267 BTC from October 12 to 18. (investingnews) (ad-hoc-news)
$BNB
Price: BNB is near $725, with a daily high of about $729.50 and a low of about $721.90. (ad-hoc-news)
Recent high and low: BNB was near $779 on October 7. On October 19 it dipped to about $705.86. That is a fall of roughly 7% from the early-October level. (bybit) (blockchain)
Trend: BNB sits below its 20- and 50-day averages, near the lower Bollinger Band. $700 is the key support, and $800 has capped rallies. (blockchain) (coindcx)
News: BNB Chain burned about 1.65 million BNB on October 19, leaving about 131.5 million in total supply. (ad-hoc-news)
Summary
Bitcoin is holding up better than BNB. BTC is down about 6% from its October high, while BNB is down about 7%. Both are trading in narrow ranges, and a break below support (about $81,500 for BTC, $700 for BNB) would be the next level to watch.