๐ Bitcoin Crosses $86,000! Is the Real 'Uptober' Rally Finally Starting? ๐
$BTC $ETH Hello Square Community! ๐
As we entered October, the crypto market started showing impressive momentum. Bitcoin ($BTC ) has broken through the major $85,000 resistance and is holding firmly above it. Nearly $110 million worth of short positions have been liquidated, showing that the bulls are firmly in control!
๐ Technical View (Quick Update):
Major Support: $84,000 to $84,500 has now become a strong floor. As long as the price stays above this level, the trend will remain bullish.
Next Target: If BTC breaks through the $87,000 zone, we could see a new all-time high very soon. Wall Street and major institutions like Citigroup have a next target of up to $113,000!
Uptober has historically had a strong seasonal track record. I think this is just the beginning, and weโll soon see a major rally in altcoins too.
๐ What do you think? Will BTC touch $90K this month, or will we see a correction from here? Share your thoughts in the comments!