Bitcoin Poised to Breach All-Time High in October or November

Bitcoin could be nearing a test of its all-time high, but uncertainty remains regarding how quickly traders will take profits, according to a crypto analyst. “Should history repeat itself, Bitcoin is likely to retest its all-time high above $73,750 from the third week of October into November,” said Ryan Lee, chief research analyst at Bitget, in an interview with Cointelegraph. Lee explained that there are signs indicating a Bitcoin “breakout imminent in the coming month,” but he warned that price action may become volatile. “This bullish breakout will likely be accompanied by occasional cool-offs that will translate as selloffs,” Lee

Source: CryptoIntelligence