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October has dawned upon the crypto community, bringing with it a wave of speculations and analyses. A notable thread by Mags, @thescalpingpro, provides a meticulous insight into Bitcoin’s potential market movements, highlighting the possibility of Bitcoin reaching the $35,000 mark. September Recap: Setting the Stage for ‘Uptober’ September saw Bitcoin closing just below the $27,275 mark, thereby establishing this level as the new local monthly resistance. This pivotal closing sets the tone for October, a month historically known in the crypto world as ‘Uptober’ due to its bullish tendencies. Key Levels to Monitor Bitcoin’s price is currently encapsulated between two substantial levels:

October has dawned upon the crypto community, bringing with it a wave of speculations and analyses. A notable thread by Mags, @thescalpingpro, provides a meticulous insight into Bitcoin’s potential market movements, highlighting the possibility of Bitcoin reaching the $35,000 mark.

September Recap: Setting the Stage for ‘Uptober’

September saw Bitcoin closing just below the $27,275 mark, thereby establishing this level as the new local monthly resistance. This pivotal closing sets the tone for October, a month historically known in the crypto world as ‘Uptober’ due to its bullish tendencies.

Key Levels to Monitor

Bitcoin’s price is currently encapsulated between two substantial levels:

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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U.S. Senators Berate SEC's Gensler for Agency's 'Unethical' Handling of Crypto Case The U.S. Securities and Exchange Commission is being targeted with criticism from Republicans on the Senate Banking Committee that oversees the regulator. The agency has said it's trying to get a handle on its enforcement practices that led to missteps in a court case against a crypto firm, but the lawmakers question what it means for other ongoing cases. The U.S. Securities and Exchange Commission's admission that it misrepresented evidence in a lawsuit against the blockchain project DEBT Box casts doubt on its wider enforcement practices, several Republican senators argued in a letter to Chair Gary Gensler. The commission's lawyers had misstated information in court and subsequently failed to correct themselves in accusations against Digital Licensing Inc., known as DEBT Box, that led the court – under the SEC's request – to freeze the company's assets. The agency's lawyers were rebuked by U.S. District Judge Robert Shelby of the U.S. District Court in Utah, and the lawmakers are piling on to chastise the regulator. "Regardless of whether commission staff deliberately misrepresented evidence or unknowingly presented false information, this case suggests other enforcement cases brought by the commission may be deserving of scrutiny," the lawmakers argued in the letter, dated Feb. 7 and signed by five senators on the Senate Banking Committee, including J.D. Vance (R-Ohio) and Cynthia Lummis (R-Wyo.) "It is unconscionable that any federal agency – especially one regularly involved in highly consequential legal procedures and one that, under your leadership, has often pursued its regulatory mission through enforcement actions rather than rulemakings – could operate in such an unethical and unprofessional manner," according to the lawmakers, whose committee oversees the securities regulator. The SEC, which moved to dismiss its case last week, said that "agency officials have taken and are taking broader corrective action to ensure the concerns raised by the court do not arise
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