CandleFocus AI predicts Bitcoin price for Halloween 2024
2024-10-17
Author: Content Editor
An AI-enabled analysis tool and chart patterns suggest that Bitcoin's price is likely to continue its historical trend of appreciating each Halloween season in 2024. The tool predicts that Bitcoin will reach a new record high of $73,977 on October 31, 2024, reflecting an increase of almost 10% from its current valuation. This bullish outlook is supported by finance experts who also predict Bitcoin to reach $70,000 or higher by the end of October. However, some analysts caution that Bitcoin may experience a brief correction before continuing its upward trajectory. As of now, Bitcoin is showing signs of continued bullish momentum, but caution is advised as it approaches overbought territory.
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