Bitcoin Saw 27% October Surge as Traders 'Panic Bought' Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?
$Bitcoin(BTC.CC$ has advanced 27% in October, its strongest showing since January, as the crypto rally widened.
Sentiment hit an "exuberant" level as many traders "panic bought" amid the rally, Matrixport noted.
BTC could still run higher, targeting $40,000 in the coming weeks, an LMAX strategist said.
Sentiment hit an "exuberant" level as many traders "panic bought" amid the rally, Matrixport noted.
BTC could still run higher, targeting $40,000 in the coming weeks, an LMAX strategist said.
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