**Bitcoin Price Stagnates, Short-Term Holders on Edge**
Bitcoin's price has been stuck between $63,600 and $62,843 for the past 36 hours, hovering under the 50-day EMA but above the 200-day EMA on the 4-hour chart. Bollinger Bands suggest potential short-term volatility, indicating the price might be oversold.
Short-term holders (STH) are currently taking on more risk, with their realized price spiking by $6 billion. Analyst Burak Kesmeci warns that if BTC drops below $61,600, STHs might panic sell, as their average costs hover around $61,633 and $64,459.
Despite a shaky start to October, historical data suggests Bitcoin often performs well in Q4. Analyst Timothy Peterson notes a potential 30-60% gain this quarter, with a 40% chance of hitting $100k by year-end.