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Analyst: BTC key resistance level is $70,000
BlockBeats news, on October 22nd, Avinash Shekhar, co-founder and CEO of Pi42, said in an interview that "BTC is approaching the key resistance level of $70,000, which is driven by multiple factors including Kamala Harris's support for crypto assets, Trump's 60% chance of re-election, low interest rates, and reduced fears of World War III." He added that the target for long positions is to reach $72,000 in the short term, while bearish investors hope the price will remain above $66,500. (Decrypt)