Bitcoin’s Strong Monthly Close Indicates October Will be a Green Month

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Bitcoin’s recent bout of consolidation is still ongoing, but bulls appear to be in the process of attempting to break this trend The cryptocurrency is currently pushing towards its $11,000 resistance, which is a positive sign that indicates a test of this level may be imminent That being said, where it trends in the days and weeks ahead may depend largely on whether or not it can continue holding above some key levels One analyst notes that he is expecting October to be a green month for BTC, primarily due to its ability to post a strong monthly close in September Bitcoin and the entire cryptocurrency market have been caught within a bout of sideways trading throughout the past few days and weeks. Both buyers and sellers have reached an impasse as the crypto remains caught between $10,200 and $11,200. Where the entire market trends in the mid-term may depend…

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