Bitcoin’s Rally Depends on Fed Cuts, Institutional Investment & Tech Moves
From financemagnates.com
October was expected to live up to its “Uptober” reputation, but so far, Bitcoin’s price action tells a different story. After kicking off the month with momentum, BTC has struggled to maintain altitude, slipping below key resistance levels as risk appetite faded across equities and crypto alike. Still, history suggests the month isn’t over yet for the bulls. October has been Bitcoin’s best-performing month on average, delivering roughly 20% gains historically, with a median return of nearly 15%. That track record, coupled with shifting macro conditions, is keeping investor optimism alive. Much of Bitcoin’s near-term ...
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