Will BTC reach $70,000 in October? I personally think there is no problem.

There are two major events next month: the US presidential election and the Fed's interest rate cut. The presidential election is likely to be won by Trump, which is basically confirmed without any surprises, which means good news for the cryptocurrency circle. After all, Musk is a capable general in Trump's campaign, and both are supporters of digital currency.

But everyone must see the reality clearly. If the current market of Bitcoin is oscillating and washing at a certain bottom, then the probability is that it will definitely rise sharply next. In reality, Bitcoin has been strongly pulling up for two consecutive weeks, and the increase has reached $10,000! There is almost no turning back, which means that the pull-up is very strong, but it does not mean that there will still be more volume to support the next rise. Instead, more chips are waiting for higher shipments! But overall, it is oscillating upward. Looking at the time period a little further, the previous historical high will be broken, and $100,000 is not impossible.