Bitcoin Poised for Potential Breakout in October 2024, Analysts Suggest

According to TechFlow, cryptocurrency analyst Rekt Capital has indicated that Bitcoin, which has been trading within a narrow range for nearly six months, could be on the verge of a breakout in October 2024. Drawing parallels to a similar reaccumulation phase in 2023, which lasted 224 days before a breakout, Rekt Capital notes that the current range is approaching a similar duration. This timing aligns with historical patterns observed after previous Bitcoin halvings, suggesting a potential price surge by the end of September 2024. #BinanceSquareFamily #Binancepen_spark #Bitcoin❗