Analyst Lists 5 Reasons BTC Price Can Hit $40,000 In October, As Bitcoin Minetrix Hits $350,000
There are five reasons to be bullish on the coming quarter and year in general, pseudonymous crypto analyst @bitbitcrypto argued on Twitter on Sunday. Firstly, he cited the fact that October is usually a strong month for...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Firstly, he cited the fact that October is usually a strong month for Bitcoin. Indeed, Bitcoin hasn’t fallen in October since 2018.
That history of good price performance in October is in itself enough to encourage more buyers to enter the market this month, leading to a self-fulfilling prophecy....
Read More: Analyst Lists 5 Reasons BTC Price Can Hit $40,000 In October, As Bitcoin Minetrix Hits $350,000
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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