Bitcoin (BTCUSD) Price Forecast: October 31
Bitcoin price surges higher again. The crypto has sharply increased, hinting at further gains as the crypto momentum strengthens. The coin’s price might continue its bullish run, and if the bulls can surpass the $71,500 current value, the price may rise much further. In that case, we should anticipate strong upward momentum up to the upper resistance level of $73,000 and beyond, indicating strong investors’ confidence and optimism.
Key Levels:
Resistance Levels: $70,000, $71,000, $72,000
Support Levels: $59,000, $58,000, $57,000
BTC (USD) Long-term Trend: Bullish (Daily Chart)
Bitcoin holders have seen notable gains as the price surges higher and remain strongly bullish in its long-term outlook. The price is strongly trading in a bullish trend and looks good for a long in its higher time frame. 
The bulls’ pressure with a long bullish candle to the $70,235 supply value in the last session has enabled the price of Bitcoin to surge higher above the supply trend levels in its recent high.
Today, the BTCUSD market gained traction and surged higher to the $71,500 level above the EMA-50 as the daily chart opened, indicating more forces from the buy traders and bullish commitment.
As the ongoing recovery surges higher, the coin price could potentially reach its ATH at $71,804, indicating sustained trader engagement.
Additionally, the Bitcoin market price will continue to surge higher and look good for a long, as indicated by the momentum indicators signaling an uptrend. In this scenario, buyers are anticipated to follow the trend, and from a long-term viewpoint, the price of BTCUSD may remain stable at the $73,000 upper resistance level in its higher time frame.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
BTCUSD price indicates an upward trend as it surges higher with a bullish sentiment and also looks good for long in its medium-term perspective. The coin is trading above the level of $70,000 and presently facing upper resistance at the recent high. 
At the writing time, the Bitcoin price surges higher above the resistance trend lines at $71,294 as the 4-hourly chart begins today due to a high bullish impact on the market price.
Hence, the BTCUSD market indicates an uptrend on the daily stochastic.
Therefore, the crypto price could surge higher to reach the $73,000 resistance level in the days ahead as the price surges higher in its medium-term perspective.
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