As institutional giants rally around Bitcoin, with MicroStrategy now holding $15 billion in BTC, analysts are predicting a potential move toward $85,000-$100,000 by the end of the year. Historical data shows Q4 is typically bullish for BTC, and this trend could continue with increasing institutional adoption and upcoming ETF approvals. 📈
📊 Key Levels to Watch: Support: $62,000 Resistance: $71,000+ Don’t forget about the influence of macroeconomic events like central bank policies, which could further boost the rally! 🌍
Join the discussion: Will Bitcoin break its all-time highs this year? Or is this just the calm before a storm?
🔔 Upcoming Events:
October 24th: Key US retail sales report October 31st: Fed interest rate decision
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.