Bitcoin Gearing Up For A Bullish October? Expert Insights Speak Volumes
As September nears its end, the Bitcoin landscape brims with positivity. Indications hint at a forthcoming Bullish spree, especially if Bitcoin finishes the month on a green note. Besides, this month’s Bullish candle points to an upbeat October trajectory. Significantly, John Bollinger, the mastermind behind the Bollinger Bands , offered some valuable insights. On Thursday, the 73-year-old market maven highlighted a crucial two-bar reversal for $BTCUSD. This reversal, occurring on September 11/12 at the lower Bollinger Band, according to Bollinger, is pivotal. He mentioned, “This is a good setup for a walk up the upper band; just need a bit more strength to confirm.” Moreover, to provide a clearer perspective, he included a relevant chart. Additionally, a crypto analyst, Matthew Hayland echoed the sentiments about Bitcoin’s performance. In his Friday tweet, Hayland observed the two-week Bollinger Bands for Bitcoin are the tightest since 2015. Hence, these are the most c...