Bitcoin Demand Analysis Keeps BTC Price ‘Uptober’ Hopes Alive

Bitcoin Demand Analysis Keeps BTC Price ‘Uptober’ Hopes Alive

Bitcoin onchain analysis eyed a “potential bottom” for BTC price action in early October as demand weathered external headwinds.

Bitcoin Demand Analysis Keeps BTC Price ‘Uptober’ Hopes Alive - Invest In Crypto News

Bitcoin (BTC) can still preserve its traditionally strong October performance, as onchain data points to a local BTC price bottom forming. Key points: Onchain data suggested that Bitcoin could still end October strong, following historical patterns. Bitcoin exchange reserves remained 1.7% lower than in mid-September, while whales avoided selling.Apparent demand neared a transition to positive readings […]

How High Can Bitcoin Price Go? Expert Uses Silver’s Rally To Map $400,000 BTC Target

The post How High Can Bitcoin Price Go? Expert Uses Silver’s Rally To Map $400,000 BTC Target appeared first on Coinpedia Fintech News Bitcoin’s latest pullback has rattled many investors, but Matt Crosby is not one of them. The director of research and analytics at LookIntoBitcoin says on-chain data shows the bear market low is “essentially in.” He also thinks the next rally could move far faster than most people expect. Crosby’s main evidence …