What price must Bitcoin reclaim for a renewed bull market in October?

Volatility was expected throughout the week regarding the expiration of a significant amount of futures. However, this didn’t really happen while the macro-economic environment also remains uncertain.

A hack of a major cryptocurrency exchange on Sep. 26 didn’t influence the price at all, which is a positive signal for the markets and a positive signal for the market’s maturity.

However, is this boring price action going to continue for Bitcoin (BTC)? Let’s take a look at the charts.


Source link

About bitcoin

Check Also

Surging bitcoin nears its highest level in almost 3 years, and is set to test a key technical level that could spur a move toward $20,000 | Currency News | Financial and Business News

FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken Reuters …

Leave a Reply

Your email address will not be published. Required fields are marked *