With October after September, which was predominantly dominated by downward movements but closed at 5 percent plus Bitcoin He gained momentum. The level of $ 109.250, which was seen in the first hours of the day, has the highest level of the last six weeks, while the price is changing hands for $ 108,595 at the time of the news. The price is about 5 percent away from the all -time summit of $ 124,128 recorded on August 14th. Market actors report that demand is strengthened in the increasing geopolitical and economic uncertainty environment.
UPCERBER EFFECT IN BITCoin
October crypto currency In the market, the historical past is remembered with positive expectations and the current picture is progressing in parallel. With the new hill in the day, Bitcoin is focused on the permanence test in a three -digit range. Open positions in the derivative markets and Spot -side streams keep the price of 120,000 dollars on the agenda if short -term resistors are exceeded.
The decisive element in the medium term will be sustainable. The price from the digestion phase after the record recorded in mid -August finds support with the structural famine narrative on the supply side and corporate interest. The protection of accelerating acceleration depends on the limited profit purchases and the increase in the volume in new peak trials.
Cryptoappsy According to data, Bitcoin is traded at $ 118,687 with an increase of 3.74 percent in the last 24 hours. With the price, the transaction volume has increased by more than 37 percent and is based on 80 billion dollars.
The effects of the closure of the government in the USA are felt
The budget dispute in Washington has led to the closure of the federal government for the first time since 2018. Government closure In the modern period, the 11th closure was recorded. While the risk of GDP loss of approximately $ 15 billion per week, the probability of solutions in the prediction markets in the short term is only priced at 8 percent. The prolongation of the closure supports the demand for Bitcoin by strengthening the search for non -dominant value storage tool.
On the other hand, the pressure of the regulatory front stands out. US Securities and Stock Exchange CommissionIn the Crypto currency -based Crypto currency ETF It may cause new postponement to come to the agenda for applications. Leading ETF expert Nate Geraci He warned that the approval calendar may be delayed. In terms of short -term expectation management, this expectation points to the risk of separation between price and news flow. As the process prolongs, spot demand and macro flows seem to stand out as the main factors that determine the balance, albeit limited.
