Bitcoin is back on stage! 🎭

- Bitcoin surpassed $61,400 amid conflicts in the Middle East. However, expectations for an October rally were dashed.

- Famous analyst Willy Woo stated that Bitcoin will follow a stagnant course in the short term, but draws a positive picture in the long term.

- Instead of "Uptober", Woo predicts a sideways trend in October, and is hopeful in November and December.

- Presto Research emphasized that Bitcoin has the potential to be a risk-off asset like gold, but its risk-on characteristics are more pronounced in the short term.

Share your thoughts in the comments! 💬🚀