BitcoinLong
Bitcoin on track for best monthly gain since March
Bitcoin trades at $72,362 (-0.50%), on track for a stunning 14.3 % gain in October, its largest monthly gain since March 2024.
Bitcoin's rally this month has been driven by a supportive risk backdrop, geopolitical uncertainties, and the market's continued pricing in a Donald Trump election victory next week.
Bitcoin needs to see a sustained break above resistance at $74,000 (ideally after next week's US election) to confirm the uptrend has resumed towards $80,000.
Bitcoin's rally this month has been driven by a supportive risk backdrop, geopolitical uncertainties, and the market's continued pricing in a Donald Trump election victory next week.
Bitcoin needs to see a sustained break above resistance at $74,000 (ideally after next week's US election) to confirm the uptrend has resumed towards $80,000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.