đ Bitcoin down 6% since September 30, a great opportunity to pick up more BTC, according to Quinn Thompson, CIO at Lekker Capital. He said that buying BTC at the current price of $61,000 is a "no brainer".
đ Thompson shared a BTC price chart from March 5 when it reached a new high of $73,700. He emphasized that BTC's price has dropped sharply three times and surpassed the 200-day average, this time BTC bounced strongly.
đ Geopolitical tensions in the Middle East and concerns about the US economy caused BTC to sell off. However, other analysts also see short-term upside opportunities.
đ "Uptober" cools down but can still bounce. October and November are usually the best months for BTC. In October 2023, BTC dropped 7% but rose nearly 30% in the last two weeks of the month.
đŹ What do you think about this opportunity? Comment below!#Bitcoin#Crypto#Blockchain#Finance
