Bitcoin’s Potential Surge by End of October : Eyes on $68,300 to $69,700**
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Bitcoin is approaching a crucial moment after a **six-month correctional consolidation**. As the price stabilizes around **$61,000**, many traders may close short positions and prepare for long positions. This level is expected to be a major turning point.
Potential Price Movement :
- Lowest Point : Around **$61,000**, where shorts might be closed.
- End of October Target : If conditions are favorable, Bitcoin could reach **$68,300 to $69,700**.
What About Altcoins?
Altcoins should perform well in this scenario, supported by positive signals from **BTC dominance (BTC.D)** and **USDT dominance (USDT.D)**.
Conclusion :
Bitcoin is poised for a potential breakout toward $68,300–$69,700 by the end of October, offering a strong opportunity for traders. The correction may be ending soon, signaling the start of a bullish wave.
Advice :
Monitor the **$61,000** level closely for potential long opportunities and prepare for the next rally. Altcoins may also benefit, so keep an eye on market trends for broader gains.