Conclusion: Bitcoin remains bullish in October!
1) Price trend:
Bitcoin has risen from about US$49,000 to the current US$60,000 since the beginning of August, and the overall trend is upward. Judging from the weekly chart, it is currently only returning to a range-bound state. I think this may be a bearish signal before rising. It is expected that a turning point may be reached after October 15, and our target is still a record high.
2) Altcoin performance:
Although many people believe that altcoins have not risen significantly, in fact some local hot altcoins have achieved significant gains, such as the L1 project and An'an's newly launched MEME and fan sections. At this time, seizing the hot spots and flexibly using the funds in hand to invest can achieve better returns.
