Crypto influencer CryptosRUs discussed the bullish technical and fundamental outlook for Bitcoin in his Oct. 30 livestream video.The YouTuber pointed to Bitcoin’s golden cross formation on the daily chart as a major technical...
Crypto influencer CryptosRUs discussed the bullish technical and fundamental outlook for Bitcoin in his Oct. 30 livestream video.
He believes this golden cross could last until 2025 based on historical patterns. The youtuber also discussed Bitcoin potentially breaking $35,000 soon.
If we do break above, most likely we’ll get some kind of short squeeze or something like that. And then we could definitely break above to $37,000.
CryptosRUs
On the fundamental side, CryptosRUs highlighted that major asset managers BlackRock and VanEck appear close to seeding their spot Bitcoin exchange-traded funds (ETFs). He speculated that BlackRock may start buying Bitcoin for its ETF by the end of October in anticipation of a potential spot Bitcoin ETF approval in November.
CryptosRUs