CandleFocus Crypto Analyst Says Bitcoin Due for Breakout After Successful Macro Price Retest – Here’s His Outlook
2024-10-01
Author: Content Editor
According to popular analyst and trader Rekt Capital, Bitcoin is showing bullish signs and could potentially reach $67,000 in October. Bitcoin recently closed above a key resistance level and may retest the downtrending channel top if it remains above this level. The analyst also highlights that Bitcoin had its best September performance ever, suggesting further market strength. Additionally, the analyst suggests that Bitcoin may be on the verge of a parabolic breakout based on the timeframe following the 2020 halving. At the time of writing, Bitcoin is trading at $62,552, down nearly 2% in the last 24 hours.
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