BTC will return to 70K in October!
2024-09-27

BTC will return to 70K in October!

Bitcoin’s price has recently broken out from a robust Bullish Flag Pattern.    The current weakness of the USD,  coupled with speculations about a potential rate cut by the FOMC,  is bolstering BTC and aiding the broader crypto market’s recovery.

On the 60-minute chart, the previously broken resistance has now turned into support,  signaling a potential further rise.

Given the ongoing speculation surrounding the upcoming US PCE data, we might see BTC reaching67K and potentially 70K.