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Bitcoin Fear and Greed Index is 37 - Fear
Current price: $60,632
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.
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Some time is wow .
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Looking forward, analysts are optimistic about a potential breakout, especially since October has historically been a strong month for Bitcoin. Some believe Bitcoin could reach as high as $74,000 if the current bullish momentum continues. Additionally, the ongoing decline in Bitcoin supply on exchanges suggests that investors are holding onto their assets, further supporting the possibility of a continued price increase.
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Bitcoin has been experiencing notable price activity in recent days. As of mid-October 2024, Bitcoin's price briefly touched $66,000 before pulling back, and its open interest across futures exchanges is approaching an all-time high, currently around $37.6 billion.
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Scaramucci Promotes “Uptober” Amid Bitcoin’s Sharp Decline
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#Uptober Investors are encouraged to remain vigilant and adaptable, keeping a close watch on market indicators, geopolitical developments, and overall sentiment. The question of whether October will fulfill its reputation as a month of growth remains open, but one thing is clear: the cryptocurrency market is as unpredictable as ever.
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