September has been a month of ballooning for Bitcoin. According to experts, the world's most famous cryptocurrency is about to explode and reach a new all-time high. Yes, you read that right!
Jacobo Maximiliano, an analyst who keeps a close eye on everything that moves in the crypto world, tells us that several factors are conspiring in favor of Bitcoin. The low interest rate party in the United States and a stock market that is getting its act together are like a tailwind pushing Bitcoin up.
But what does the science of numbers say? If we look at the Bitcoin chart, we see that it has been bottoming and regaining strength over the past few days. Technical analysts see this as a very positive sign and believe that Bitcoin is on the verge of breaking a key resistance and shooting towards a new record.
And what about the US elections? According to Maximilian, these elections could be the trigger that lights the fuse and makes Bitcoin soar even higher.
In short, everything points to October being an epic month for Bitcoin. Some analysts even predict that the cryptocurrency could reach $100,000. Imagine that!
But be careful, this is not financial advice. Investing in cryptocurrencies is like playing Russian roulette, but with numbers. So before you rush into buying Bitcoin, do your research and consult an expert.
Is the upcoming Bitcoin bull run sustainable in the long term?
Does the US election really affect the price of Bitcoin?
