$BTC Price Movement Outlook for October
Bitcoin (BTC) is nearing the conclusion of a six-month corrective consolidation phase. In the coming days, we may see the BTC/USDT price dip to around $61,000âthis could serve as a critical support level where many shorts may need to close and a prime entry point for longs.
If this scenario unfolds positively, we could expect Bitcoin to rally by the end of October, potentially reaching the $68,300 to $69,700 range.
As for altcoins, thereâs reason for optimism as BTC dominance (BTC.D) and USDT dominance (USDT.D) suggest a favorable environment for altcoin growth.
What altcoin are you watching? Drop it in the comments, and weâll analyze it for you!#BinanceLabsInvestsLombard #BNBRisesTo600 #TeslaTransferBTC #MemeCoinTrending #Write2Earn!
