Bitcoin (BTCUSD) Price Forecast: October 26
The Bitcoin market is witnessing renewed buying pressure as it rebounds towards the $73,000 high level, embracing a bullish sentiment. The coin is on the verge of breaking toward the upper resistance. Amid this new momentum, if buyers can put more effort into their tension in the market, a shift in the trend towards the $73,000 high value will be achieved, maintaining a bullish outlook despite short-term price corrections.
Key Levels:
Resistance Levels: $66,000.00 $67,000.00, $68,000.00
Support Levels: $45,000.00, $44,000.00, $43,000.00
BTC (USD) Long-term Trend: Bullish (Daily Chart)
The BTCUSD price is better positioned and showcased a notable recovery as it rebounds towards the upper channel for a fresh higher high in its long-term outlook. The price responded to the shift in the market structure and is currently above the moving averages, indicating a bullish momentum. 
The bullish pressure to the $67, 380 supply level in the last few days has made the coin price rebound towards the upper resistance level in its recent high.
However, on the daily chart today, there is a broader recovery in the prices. The Bitcoin price rebounded to a $67,546.99 supply level above the EMA-50 as the bulls took their stand to continue the bullish trend despite the short-term corrections.
With the overall market trend still bullish, the BTCUSD price could surge to hit the $71,804 barrier and drive the potential toward the upper resistance area, restoring a steady recovery sentiment in the crypto market.
Hence, if the bulls increase their confidence in the Bitcoin investment, the coin market could rebound towards the $73,000 upper resistance level, indicating intraday growth and more buyer gains.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
The Bitcoin price is trending in the medium term as it rebounds towards the upper high level and remains firm above the supply levels. The price bar is above the moving averages, indicating a bullish momentum. 
The successful breakout by the bulls to the $66,766 high level in the past session has made the coin price rebound toward the overhead resistance in its recent high.
Today, the BTCUSD buyers corrected and rebounded towards the overhead supply at the $67,400 level above the EMA-50 shortly after the 4-hourly sessions resumed, suggesting strength in bullish momentum.
Thus, it is very likely that the bulls will continue rising toward the $69,380 barrier level if more bullish hands join the correction rally as the journey up north continues.
Further, the daily stochastic indicates an uptrend, in this case, the price of Bitcoin might rebound towards $73,000 and stabilize in the days ahead as it rebounds towards the upper channel in its medium-term outlook.
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