CandleFocus Bitcoin All-Time High Loading Despite Bearish Pressure, Predicts Analyst
2024-10-03
Author: Content Editor
The article discusses the current obstacles facing Bitcoin's price and the mixed expectations for the month of October, which is typically referred to as "Uptober" due to Bitcoin's historically positive performance during this month. However, the first few days of October have been discouraging, leading some to rename it "Rektober." Despite this, some analysts, such as renowned analyst Jelle, still believe in the "Uptober" theory and predict a notable price breakout for Bitcoin later in the month based on historical patterns. If this happens, Bitcoin could reach a new all-time high.
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