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#BTC is currently at $64,000, with an opening price of $58,969 for the month. We have just under a week left to close September, possibly with a +10% gain.
The big question: since everyone knows about #uptober, the most successful month in crypto, will they take long positions and fill their spot holdings?
I think many have already filled and are waiting, but maybe some are holding off until September 30th—any of them in this channel?
We shouldn’t rule out the "Ping-Pong" effect of statistics.
September has been strong, but the first half of October could be stagnant for many altcoin pairs. I believe BTC dominance (BTC.D) hasn't finished its upward trend, and to break its ATH and reach $80k, BTC will need at least 60% market dominance.
During this phase—likely the first half of October—everything will consolidate around BTC, with only a few trending tokens rising alongside it, while altcoins remain quiet. 0 reply
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