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2024-10-29 13:13:42
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cointelegraph.com11 on Nostr: Summary of 'Most bullish' weekly close — 5 Things to know in Bitcoin this ...

Summary of 'Most bullish' weekly close — 5 Things to know in Bitcoin this week
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/0192d248-83d6-7754-b43d-04e5c8a2978d


The source article:
'Most bullish' weekly close — 5 Things to know in Bitcoin this week
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/0192d248-83d6-7754-b43d-04e5c8a2978d

Bitcoin is dropping bullish hints left and right as the "Uptober" monthly close, US Presidential Election and Fed interest rate decision draw near.

https://cointelegraph.com/news/most-bullish-weekly-close-5-things-bitcoin-this-week

Bitcoin closed the week under $68,000 but predicts bullish moves. Uptober was positive for BTC. Analysts foresee a volatile month end with potential resistance around $67,000. US macro data releases precede the upcoming important election and Fed meeting. Bitcoin breaks free from a descending channel, encouraging long-term bullish expectations. Despite low retail interest, whales continue accumulating BTC, supporting a potential price surge. The market awaits significant events like the Fed's interest rate decision and the US Presidential Election for further direction.
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