In the previous analysis of the Bitcoin movement $BTC , I expected the price to reach the 70,000 area before falling to 63,900, then witnessing a strong rebound to 77,250, with a retest of the 69,000 level. This move shows a new beginning in the market 📈.
Check out the analysis here. It's the next move
As you can see, I talked about "UPTOBER", a concept that coincides with my predictions for October and November 📅.
Interestingly, the BNB network supported this trend by posting a meme about “BUILDtober” 🛠️, suggesting that there is something bigger going on behind the scenes.
I don't want to get ahead of myself but this is where my strength lies and my October and November forecasts are for a sideways move in the 77,000-69,000 range. This range could be a period of stability for the market before the big breakout that I see as "BUILDTOBER = ACCUMULATION" 🏗️. During this period, we could see a strengthening of the institutional foundations in crypto, with several important developments.
After this temporary period, the so-called “Godzilla candles” 🦖 will come, a strong bullish move that will push Bitcoin towards the 85,000 level 🚀.
To review the concept of GODZILLA click here
These candles are not only a reflection of technical momentum, but also represent the beginning of a new wave of institutional interest 💼, which will boost the price to unprecedented levels. The markets may witness a new FOMO wave 😱, which will lead to more new investors entering.
Another important point is that the markets may be affected by some global events 🌍, which may create some sudden fluctuations that increase trading volume and volatility in the market 📊. These periods constitute golden opportunities for traders who understand the market dynamics and exploit these fluctuations to their advantage 💡.
Ultimately, the coming period will be full of opportunities 🌟, not only on the Bitcoin front but also on the altcoin projects front 🪙, where we may witness a boom in projects, Web 3.0 assets 🌐, and new applications based on artificial intelligence and blockchain 🤖, which will boost innovation and give a new impetus to the market.
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