Bitcoin Price Breakout Predicted for Late October, Targets ATH
Crypto analyst Mikybull Crypto predicts a bullish Bitcoin breakout by late October, driven by a wave 5 impulsive move. He expects BTC to surge to $95,000â$120,000, marking a new all-time high. Before that, Bitcoin may dip during the ongoing wave 4 correction, with prices potentially dropping to $57,000. Key support is at $60,365, and if it holds, a rebound to $63,300 is possible.
Other analysts like Markus Thielen expect more conservative gains, predicting BTC could reach $75,000 by the end of October. Macro factors, such as inflation and Federal Reserve policies, will also play a crucial role in Bitcoinâs trajectory.
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