🚀 Bitcoin's Wild Ride: From Dips to Highs! 🚀
Bitcoin (BTC) has been on a rollercoaster this week, jumping 7.75% from $59,815 on Oct. 3 to a high of $64,448 on Oct. 7. Talk about a bullish start!
- BTC dipped below the 200-day EMA but quickly bounced back, pushing prices higher.
- Crypto analyst Jelle says BTC's "higher low" is locked in, signaling a strong uptrend.
- Titan of Crypto highlights a potential golden cross, reminiscent of last year's 145% rally.
Stablecoin market cap changes also play a role. An increase in USDT correlates with rising BTC prices, but a drop in USDC might have caused some turbulence.
Will BTC close above $64K? Stay tuned and drop your thoughts below! 💬📈