Question #157 ·
How did Bitcoin’s price fluctuate between October 13 and October 25, 2025 and what key support and resistance levels were noted?
- It started at $110,000 on October 13 dipped to $105,000 on October 17 climbed to $112,000 by October 25 with support at $108,000 and resistance at $113,000.
- It dipped from $115,615.66 on October 13 to $107,012.29 on October 17 then recovered to $111,024.57 by October 25 with support at $110,000 and resistance at $111,500. Right answer
- It surged from $120,000 on October 13 to $130,000 by October 17 then fell to $115,000 by October 25 with support at $114,000 and resistance at $116,000.
- It moved between $114,000 and $116,000 from October 13 to October 25 with support seen at $115,000 and resistance tested near $116,500 before finally closing at $115,800.
Why is this the correct answer?
This is correct because it describes Bitcoin’s actual two-week fluctuation: an initial high of $115,615.66 on October 13, a drop to $107,012.29 by October 17, and a partial recovery to $111,024.57 by October 25. The support level at $110,000 indicates a price floor where buyers step in, and resistance at $111,500 marks a ceiling where selling pressure often appears. Beginners learn that tracking highs, lows, and key support and resistance helps assess market momentum and potential entry or exit points.