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Market Overview
BTC/GBP closed at 83,195.93 GBP on October 31, 2025, marking a modest increase of 0.25% from the previous close. Despite this slight gain, the pair remains in a short-term downtrend, with the last price below the 20-day SMA of 83,670.30 GBP and near the 5-day SMA of 83,328.11 GBP. The 50-day and 200-day SMAs are not specified but the trend and momentum suggest continued consolidation. The RSI indicates subdued momentum, while nearest support is around 82,572.70 GBP and resistance near 84,673.31 GBP. No major upcoming events are noted, though institutional activity remains steady. For information only.
Last Updated 10/31/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.