$BTC Signals Potential October Bottom Ahead of U.S. Midterms
Bitcoin shows early signs of finding a floor this October, driven by recovering on-chain demand and optimism surrounding the upcoming U.S. midterm elections on November 3. Data from NS3.AI reveals that large holders have expanded their balance to nearly 3 million $BTC . While overall apparent demand has begun to pick up, it remains in negative territory.
Bitcoin shows early signs of finding a floor this October, driven by recovering on-chain demand and optimism surrounding the upcoming U.S. midterm elections on November 3. Data from NS3.AI reveals that large holders have expanded their balance to nearly 3 million $BTC . While overall apparent demand has begun to pick up, it remains in negative territory.