Bitcoin Broke Historical Trend in September! đ
Bitcoin broke the historical negative trend with an almost 9% gain in September. It is currently trading above $64,000. Experts expect market conditions to improve further and the uptrend to continue.
- According to Matrixport, Bitcoin's funding rate is close to zero, which opens up space for more long positions.
- The increase in spot buying suggests that prices could rise even higher.
- Analyst Matthew Hyland stated that if Bitcoin closes above $65,000, it would be a significant change in trend.
October, or "Uptober", comes with great expectations for Bitcoin. Do you think Bitcoin will see new highs? Let's meet in the comments! đŹđž