Bitcoin turned down sharply on Tuesday, but the bears could not pull the price below $120,000. That suggests solid demand at lower levels. The bulls have pushed the price above $123,000 and will next attempt to clear the overhead hurdle at $124,474. Analysts are bullish on BTC’s prospects in October, which has been the second-best-performing month on average since 2013, with an average gain of 20.75%, according to CoinGlass data. Economist Timothy Peterson said in a post on X that there was a 50% chance of BTC finishing the month above $140,000. turned down sharply on Tuesday, but the bears could not pull the price ... (full story)