#BTC☀ #BTC突破7万大关 #BTC走势预测 The cryptocurrency market is expected to see an influx of liquidity in the fourth quarter of this year, creating good conditions for a potential rebound in Bitcoin (BTC) and altcoins. Bitcoin's recent price surge above $65,000 may be just the beginning of a larger price increase, driven in part by the return of retail investors and massive inflows from the Chinese market.

Bitcoin’s rise has been closely tied to the Federal Reserve’s 50 basis point interest rate cut, which has also fueled the altcoin rally. While Bitcoin’s market dominance has declined, altcoins have seen a 15% increase in total market capitalization since September 17. New infusions of capital into the Chinese market are expected to bring further gains to Bitcoin, with analysts putting the price on track to reach $70,000 by the end of October.

Additionally, the return of retail investors has breathed new life into the market, with altcoins such as Shiba Inu (SHIB) and SEI also seeing significant recent price gains, up 41% and 31% respectively. The activity of retail transactions in the Korean market also supports this trend.

From a technical perspective, Bitcoin broke out of the previous descending channel with resistance next at $68,253. A break above this mark could lead to further gains to $73,095 and even a new high before the end of the fourth quarter. However, if it fails to break out, the price could fall back to $58,188. Overall, it is currently a bullish cycle. $BTC