CandleFocus Why Bitcoin Price May Fall Below $60000?
2024-10-26
Author: Content Editor
The price of Bitcoin increased to $70,000 due to FOMO (fear of missing out) linked to the 'Uptober' rally. This positive sentiment was also fueled by breakouts on technical charts, US Fed rate cuts, and the likelihood of Donald Trump being re-elected. However, recent concerns have led to a fading of this optimism among bulls.
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