Price predictions 10/27: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE

Bitcoin and several major altcoins have started a strong recovery, but the relief rally is expected to face significant headwinds near major overhead resistance levels.

Key points:

Bitcoin’s recovery could face selling at $118,000, but if the bulls overcome the resistance, the rally could retest the all-time high of $126,199.

Several major altcoins have bounced off their strong support levels, but the recovery could face significant selling at higher levels.

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