Bitcоin

Why Bitcoin Price May Breakout In October 2024

Following US Federal Reserve Chair Jerome Powell’s indication of rate cuts in September, Bitcoin price made strong advancements to break past its supply zone of $59,000-$62,000. Analysts are expecting a further rally to $70,000 and consequently a new all-time high ahead. However, experts anticipate a few weeks of consolidation for BTC before moving towards an all-time high.

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