1. Rekt Capital: Bitcoin's historical average monthly increase in October reached 22%. 2. Bitcoin is between $61,700 and 7

JIN10
2024.09.03 02:41
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1. Rekt Capital pointed out that historically, Bitcoin has had an average increase of 22% in October. 2. There is selling pressure on Bitcoin prices between $61,700 and $70,500 currently. 3. Fear continues as BTC drops below $58,000, causing short-term investors to panic and exit. 4. Despite analysts predicting that Bitcoin prices may rise to $110,000, there is also a risk of dropping below $40,000 first. 5. A report from Bitfinex suggests that the bottom may be between $40,000 and $50,000. 6. Bitcoin is expected to revisit the low point area of $50,000 in the coming weeks, with $54,000 potentially serving as a strong support level

  1. Rekt Capital: Bitcoin's historical average monthly increase in October reached 22%.

  2. Bitcoin faces continued selling pressure between $61,700 and $70,500.

  3. Viewpoint: The fear sentiment has lasted for 23 days in the past month, with short-term investors choosing panic exits after Bitcoin fell below $58,000.

  4. Analysis: Bitcoin is expected to rise to $110,000, but may first fall below $40,000.

  5. Bitfinex Report: The bottom of Bitcoin may be between $40,000 and $50,000.

  6. Analysis: Bitcoin may revisit the $50,000 low point area in the coming weeks.

  7. QCP Capital: Bitcoin may find strong support at $54,000, and the options market still shows a bullish signal in the medium term.

  8. Bitcoin miners' income hit a 12-month low in August.

  9. VanEck predicts that by 2050, each Bitcoin could reach $2.9 million.

  10. Santiment: Bitcoin is showing signs of recovery.

  11. Hong Kong Ethereum ETF saw a net inflow of over 1,600 coins in August, with a monthly increase of over 10%.

  12. The Trump family's crypto project appoints Corey Caplan, co-founder of Dolomite, as a project advisor.

  13. The total on-chain transaction volume of Bitcoin and Ethereum decreased by 15.3% in August.

  14. The ETF Store President: Four Bitcoin spot ETFs rank in the top four in terms of new ETF inflows in the U.S. this year.

  15. The Financial Services Agency of Japan issued tax reform requirements for the fiscal year 2025, mentioning virtual currency transactions for the first time.

  16. Li Jia Chao: Expect more trade applications to be promoted after tokenized trading and asset management

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