Bitcoin price $111K support retest 'in progress' as RSI points higher

CointelegraphTuesday, October 28, 2025 at 8:50:18 AM
Bitcoin price $111K support retest 'in progress' as RSI points higher
Bitcoin is currently testing a support level of $111,000, showing signs of strength as the Relative Strength Index (RSI) indicates upward momentum. This is significant because it suggests that Bitcoin may be consolidating its gains ahead of a potential interest rate cut by the Federal Reserve, which could further boost investor confidence and market activity.
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