$BTC 1-day chart analysis
Uptober? = Up + October
As of today, 9 days later, Bitcoin is having a difficult time moving at 61.8k, down 2.6 percent from its monthly high of 63.3k.
A break of 60.5k would be a move that would turn the entire October trend downwards and could trigger a very large decline.
Conversely, if it recovers to 64.4k in a short period of time, I think it will easily update the ATH.
In the short term, the market is very negative with prices falling. I still see the market going up.
*This content is not a recommendation for buying or selling. All responsibility for your investment lies with you.
