BTC rebounded via ABCD and continued to rise in October
2024-09-22

BTC rebounded via ABCD and continued to rise in October

Bitcoin (BTC) rose sharply for the third day in a row, supported by large inflows into spot exchange-traded funds (ETFs), according to analysis. The company reported that Bitcoin had regained the $64,000 mark.
Related analysis highlights the large inflows of BTC ETFs. Over the two days, the BTC ETF saw net inflows of $250.3 million. This influx of capital has fueled the upward momentum of the cryptocurrency market.

According to the latest indicator, as of mid-September 2024, BTC has gained 6.87%, and nine Octobers out of the last eleven years have shown significant growth for the dominant cryptocurrency.
So we look forward to next month, Bitcoin will continue to rise!