The recent Bitcoin market trend has attracted attention. Yesterday, the price fell to the key support level of 115000 USD, but as long as it remains above this level, the long positions momentum still exists.



As the options expiration comes to an end, Wall Street institutions are starting to position themselves for the fourth quarter. Historical experience shows that October and November are usually strong months for the cryptocurrency market. This year, there are also possible interest rate cut factors, providing additional positive support for the market.

Comprehensive analysis indicates that if no unexpected situations occur, the price of Bitcoin is expected to continue rising in the fourth quarter. With a 20% increase anticipated, breaking through the target of 136,000 USD seems not out of reach.

In the next 10 days, the market may experience a pullback. If the price reaches the bottom area of $107,000, it may provide a better entry opportunity for investors. However, the market trend ultimately depends on the operations of the main funds.

It is worth noting that the cryptocurrency market is highly volatile, and investors should act with caution and implement risk management. The above analysis is for reference only and should not be considered as investment advice. Before making any investment decisions, it is recommended that investors conduct thorough research and seek professional advice.
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RektRecordervip
· 20h ago
Is that it? Fall? Noob
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SeeYouInFourYearsvip
· 20h ago
What is this back and forth? Those who have experienced a big bull run are not flustered.
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GasFeeCrybabyvip
· 20h ago
Laughing to death, predicting the bottom again?
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Hash_Banditvip
· 20h ago
mining since 2013... still hodling. can't beat network security
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