{"id":138396,"date":"2024-10-02T21:00:36","date_gmt":"2024-10-02T18:00:36","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138396"},"modified":"2024-10-02T16:09:58","modified_gmt":"2024-10-02T13:09:58","slug":"bitcoin-price-prediction-for-october-from-a-respected-crypto-analyst","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-price-prediction-for-october-from-a-respected-crypto-analyst\/","title":{"rendered":"Bitcoin Price Prediction for October from a Respected Crypto Analyst"},"content":{"rendered":"

In October 2023, Bitcoin<\/a><\/strong> experienced a notable increase of 28%, marking its second-best monthly performance of the year, following January\u2019s impressive gain of nearly 40%. Since 2011, October has delivered positive returns at least nine times.<\/p>\n

An experienced crypto investor known as \u201cJelle\u201d recently expressed optimism about the market\u2019s potential this month, raising hopes among enthusiasts.<\/p>\n

He pointed out a recurring trend where Bitcoin often displays a resurgence after a sluggish September, typically beginning its upswing in October.<\/p>\n

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Read More:<\/h5>\n \n
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Here is What Could Hinder Bitcoin’s Bull Market, According to Crypto Expert<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

Jelle stated, \u201cIn previous bullish markets, Bitcoin has utilized the summer months to gather strength, with upward movements commencing in October, usually around the 2nd or 3rd week. I anticipate that this year will follow the same pattern.\u201d<\/p>\n

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In the past bull-years, #Bitcoin<\/a> has taken the summer to recharge, preparing for the next leg higher.<\/p>\n

All of those new legs higher started in October \u2013 breaking out in the 2nd or 3rd week of the month.<\/p>\n

I don\u2019t think this year is different.<\/p>\n

Final shakeout before new highs. pic.twitter.com\/CXEHhebEMU<\/a><\/p>\n

\u2014 Jelle (@CryptoJelleNL) October 1, 2024<\/a><\/p><\/blockquote>\n