What price highs and lows did Bitcoin reach in October 2025 and what do support and resistance levels mean?
Why is this the correct answer?
This is correct because in early October 2025 Bitcoin did reach a high near $126,000 and fell to a low near $104,000. Support is the level where buyers typically step in to prevent further declines, acting as a floor. Resistance is the level where sellers often emerge to cap upward moves, acting as a ceiling. Understanding these levels helps beginners spot potential bounce or reversal areas on price charts.
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