* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, October 3, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    A Tech Expo Shows What China Can Make, but Not Who’ll Buy It All – The New York Times

    Inside China’s Tech Expo: Cutting-Edge Innovations Face Uncertain Demand

    Steampunk Metal Oval Technology Sense Sunglasses Personality Handmade Chain Multicolor Sunglasses UV400 – The San Joaquin Valley Sun

    Steampunk Metal Oval Sunglasses with Handmade Multicolor Chain – Bold UV400 Protection and Unique Style

    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    A Tech Expo Shows What China Can Make, but Not Who’ll Buy It All – The New York Times

    Inside China’s Tech Expo: Cutting-Edge Innovations Face Uncertain Demand

    Steampunk Metal Oval Technology Sense Sunglasses Personality Handmade Chain Multicolor Sunglasses UV400 – The San Joaquin Valley Sun

    Steampunk Metal Oval Sunglasses with Handmade Multicolor Chain – Bold UV400 Protection and Unique Style

    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Bitcoin Price Prediction as BTC Projected to Reach $28,435 by Mid-October – Is a 9% Surge on the Horizon?

October 8, 2023
in Business
Bitcoin Price Prediction as BTC Projected to Reach $28,435 by Mid-October – Is a 9% Surge on the Horizon?
Share on FacebookShare on Twitter

Bitcoin has been making waves in the cryptocurrency market recently, with speculations suggesting that the leading cryptocurrency might be on track to reach $28,435 by the middle of October. 

Recent forecasts posit that Bitcoin could touch a noteworthy value of $28,435 by mid-October, representing a prospective 9% uptick. 

This optimistic projection gains further credibility when viewed in conjunction with the latest Nonfarm Payroll (NFP) data released on Friday. 

Better than Expected NFP Report Boosts Bitcoin’s Potential Ascent

The figures exceeded anticipations, with the job sector adding a staggering 336K positions compared to the predicted 171K — a marked improvement from the revised 227K of the previous month. 

Furthermore, while the average hourly earnings saw a modest month-on-month increase of 0.2%, in line with the previous month, it slightly missed the expected 0.3%. 

The unemployment rate remained steady at 3.8%, slightly above the anticipated 3.7%. 

Investors closely watch macroeconomic and crypto-specific factors as Bitcoin’s potential ascent in the coming weeks draws interest.

Bitcoin Price 

As of October 7th, Bitcoin (BTC/USD) is trading at $27,922, reflecting a nearly 2% increase in the last 24 hours and a commendable 4% hike over the past week. 

This recent uptick in the price aligns with the massive 24-hour trading volume of over $13 billion, solidifying Bitcoin’s dominance in the cryptocurrency market. 

According to CoinMarketCap, Bitcoin currently holds the prestigious #1 ranking, boasting a staggering live market cap of approximately $544 billion. 

The current circulating supply stands at 19,506,306 BTC coins, edging closer to its maximum supply limit of 21,000,000 BTC coins.

Bitcoin Price Prediction

From a technical standpoint, key price levels emerge when assessing the 4-hour time frame. The pivot point rests at $27,334. Bitcoin might soon face an immediate resistance at $28,435, with subsequent resistances looming at $28,715 and $29,421. 

On the flip side, Bitcoin has immediate support at $26,649, and should the bearish pressure intensify, the asset could further retract to $25,323 or even as low as $24,556.

Digging deeper into the technical indicators, the Relative Strength Index (RSI) is currently positioned at 60, indicating a predominantly bullish sentiment. 

This divergence typically implies potential upward momentum. Additionally, Bitcoin’s price has surpassed its 50-day Exponential Moving Average (EMA) valued at $27,444, further supporting the bullish trend.

Bitcoin Price Chart – Source: Tradingview

A symmetrical triangle pattern breakout was observed at the $27,000 mark. This pattern, often considered a continuation pattern, hints at Bitcoin maintaining its upward trajectory. 

The bullish bias remains prevalent, especially considering the breakout from this triangle pattern. The asset’s consistent closing outside of the triangle and its position above the 50 EMA fortify the current bullish narrative.

Bitcoin is currently displaying a bullish trend and its future prospects look favorable, particularly if the cryptocurrency manages to stay above the $27,445 mark.

If the bullish momentum continues, there’s every reason to believe that Bitcoin will soon test the immediate resistance level of $28,435 in the forthcoming days.

In conclusion, all signs point towards a potential surge in Bitcoin’s price, potentially reaching the speculated $28,435 by mid-October. 

As always, investors and traders are advised to conduct their research and exercise caution when making investment decisions.

Top 15 Cryptocurrencies to Watch in 2023

In 2023, you can stay updated on the world of digital assets with our carefully selected collection of the top 15 alternative cryptocurrencies and ICO projects. 

Our list is created by experts from Industry Talk and Cryptonews, who provide professional advice and valuable insights for your cryptocurrency investment decisions. 

Don’t miss out on this chance to explore the possibilities of these digital assets and stay informed.

Find The Best Price to Buy/Sell Cryptocurrency

Cryptocurrency Price Tracker – Source: Cryptonews.com

Disclaimer: Cryptocurrency projects endorsed in this article are not the financial advice of the publishing author or publication – cryptocurrencies are highly volatile investments with considerable risk, always do your own research.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CryptoNews – https://cryptonews.com/news/bitcoin-price-prediction-as-btc-projected-to-reach-28435-by-mid-october-is-a-9-surge-on-the-horizon.htm

Tags: BitcoinbusinessPrice
Previous Post

Iran Helped Plot Attack on Israel Over Several Weeks

Next Post

Bitcoin Price Prediction as BTC Faces Crucial $28,500 Threshold – Will it Break Through to Higher Ground?

Bhagwat rings ‘warning bell’ on Himalayas, ecology threats – Times of India

Bhagwat rings ‘warning bell’ on Himalayas, ecology threats – Times of India

October 3, 2025
117-Year-Old Woman’s Diet Could Help Us All Live Longer – ScienceAlert

117-Year-Old Woman’s Diet Could Help Us All Live Longer – ScienceAlert

October 3, 2025
The Best Time to Eat Breakfast, Backed by Science—and Why It Matters More Than You Think – Real Simple

The Ideal Time to Eat Breakfast: Surprising Science-Backed Reasons Why It Matters

October 3, 2025
Lifestyle and stress erode heart health advantage in long-term US immigrants – News-Medical

Lifestyle and stress erode heart health advantage in long-term US immigrants – News-Medical

October 3, 2025
Artificial Intelligence Technology Solutions Deploys RIO Security Solutions – TipRanks

Artificial Intelligence Technology Solutions Unveils Game-Changing RIO Security Innovations

October 3, 2025
Top-12 NFL running games: Which teams are helping our RBs score fantasy football points this season? – Yahoo Sports

Top-12 NFL running games: Which teams are helping our RBs score fantasy football points this season? – Yahoo Sports

October 3, 2025
FIRST LOOK: Official match ball of FIFA World Cup ‘26 – Yahoo Sports

Get an Exclusive First Look at the Official Match Ball of FIFA World Cup 2026!

October 3, 2025
Arts economy grows, but funding lags on Long Island – Long Island Business News

Long Island’s Arts Economy Thrives Despite Ongoing Funding Challenges

October 3, 2025
Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

October 3, 2025
HIV pioneer Dr. William Valenti retires, leaving lasting impact on health community – 13wham.com

HIV Pioneer Dr. William Valenti Retires, Leaving an Enduring Impact on the Health Community

October 3, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (849)
  • Economy (869)
  • Entertainment (21,743)
  • General (17,386)
  • Health (9,912)
  • Lifestyle (882)
  • News (22,149)
  • People (871)
  • Politics (880)
  • Science (16,080)
  • Sports (21,370)
  • Technology (15,852)
  • World (852)

Recent News

Bhagwat rings ‘warning bell’ on Himalayas, ecology threats – Times of India

Bhagwat rings ‘warning bell’ on Himalayas, ecology threats – Times of India

October 3, 2025
117-Year-Old Woman’s Diet Could Help Us All Live Longer – ScienceAlert

117-Year-Old Woman’s Diet Could Help Us All Live Longer – ScienceAlert

October 3, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version