Bitcoin Set for a Red October, but Analysts Point to Four Bullish Signals
Photo: TheCoinrise
Despite a negative monthly close, market watchers and Galaxy Digital argue the downturn may already be fading. Bitcoin is heading toward a negative close for October, a month traders have long nicknamed 'Uptober' for its historically strong returns. The pattern breaking this year has drawn attention from analysts trying to separate short-term weakness from longer-term structural signals. According to BeInCrypto, four indicators that are typically associated with bullish continuation remain in place despite the red monthly performance.
Source: TheCoinrise
