Bitcoin (BTC) is struggling to maintain its historically bullish momentum in October 2025, trading within a narrow range between its 200-day and 365-day simple moving averages (SMA). Analyst James Van Straten emphasized the importance of the $103,000 support level, with the 200-day SMA at $107,846 and the 365-day SMA at $100,367. This marks the fourth instance in the current cycle where Bitcoin has been confined between these levels. Van Straten warns that a breakout above the 200-day SMA is essential for a short-term recovery.
Bitcoin Faces Critical Support Levels Amid October Stagnation
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