Bitcoin

Bitcoin in September shows strong indications of going up as it moves to October 2024. The latest data reveal signs of bullish sentiment developing within the trader’s community as they anticipate a good performance in the coming month. The formations of the higher lower implies that a higher high will be available in the coming days making it a positive signal. Experts and traders are preparing for what they call ‘Uptober’, a word which is used to describe gains in the month of October.&gt;<h2 id="header-0">Strong Weekly Candle Signals Potential Upside</h2>From the latest chart, <a href="https://cryptotale.org/bitcoin-surges-after-feds-50-point-rate-cut-whats-next/" rel="noopener noreferrer nofollow">Bitcoin</a> has recently formed a weekly candlestick that shows a bullish reversal signal. According to the chart extending from late 2023 to September 2024, Bitcoin price has gone up to $64,563.54, an increase of 144.16% in one year. The higher low formed is important as it is followed by the formation of a higher high. This is considered a strong sign of a bullish signal. If Bitcoin is to sustain this kind of move, more gains are expected in the immediate future.Moreover, the recent chart indicates stronger buying pressure at the $58,856 support area. Traders are optimistic that this will escalate continuously in October. The technical formation pointed out in the chart by the analyst shows that buyers have fully taken charge of the market.Related: <a href="https://cryptotale.org/bitcoin-pattern-hints-at-2024-rally-and-2025-parabolic-surge/" rel="noopener noreferrer nofollow">https://cryptotale.org/bitcoin-pattern-hints-at-2024-rally-and-2025-parabolic-surge/</a><a href="https://cryptotale.org/uptober-rally-bitcoin-eye-gains-with-strong-october-history/" rel="noopener noreferrer nofollow">Read more on Cryptotale</a><a href="https://cryptotale.org/gate-io-exits-japan-amidst-stringent-fsa-compliance-measures/" rel="noopener noreferrer nofollow">.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Uptober Rally: Bitcoin Eye Gains with Strong October History

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