Bitcoin Price Analysis and Prediction Based on Current Price
Influencing Factors
Market Stability If the market continues to stabilize and there are no major fluctuations, we may see a gradual rise in price.
Developments in the industry: Positive news or new technical developments may boost investor confidence and push the price higher.
Expectations during major events: Bitcoin prices usually rise as major events such as Binance Blockchain Week approach, as demand for the currency increases.
Expectations: Bitcoin is expected to range between $62,000 and $65,000 by the end of Binance Blockchain Week on October 31, 2024, at 23:59 UTC+4.
