Bitcoin Breakout Expected Late October
This is a news story, published by CoinGape, that relates primarily to Ali Martinez news.
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Crypto analyst Mikybull CryptoCoinGape
•Analyst Predicts Next Bitcoin Price Breakout Via Elliott Wave 5
61% Informative
Analyst Mikybull Crypto predicts that the Bitcoin price could witness a breakout late October following a wave 5 impulsive move to the upside.
Analyst Ali Martinez warned that Bitcoin could drop to $ 57,000 if it doesn't hold above $60,000 .
The Bitcoin price is already at risk of a price decline amid rising tensions in the Middle East while the Friday job reports could also determine its next move.
The macro side is still one to keep an eye on as it could determine BTC's trajectory.
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