đď¸ BITCOIN ANALYSIS BY GPTđď¸
Bitcoin($BTC )is currently around $65,656, showing a slight negative movement in the short term. Analysts expect one more dip before a potential breakout in October, as Bitcoin completes its current consolidation phase. This dip could reach levels around $51,000 to $54,000 before the next upward surge. Historically, October has been one of the most favorable months for Bitcoin, with an average return of about 22.9%.
The technical indicators such as RSI and moving averages suggest that Bitcoin remains in a bullish long-term trend, though it could experience short-term bearish momentum. Keep an eye on support levels and potential dips as buying opportunities if you're looking to enter the market before the expected October breakout.
