Bitcoin is predicted to have a strong October with a potential surge and new all-time high

From Investing.com
October 1, 2024 4:00:26 pm:

Bitcoin (BTC) had its best September ever, up 7.35%, fueling predictions of an “Uptober” surge in the last quarter. AI models suggest a 69% chance of setting a new all-time high this month and a 54% probability of reaching $100,000 by year’s end. Historical data backs these projections, with Bitcoin’s October performance consistently strong since 2018.

The momentum is building for Bitcoin to potentially break its previous all-time high of $74,000, with AI models and historical trends aligning for a potential surge. Market participants are gearing up for potential gains as Bitcoin’s resilience and growth continue to impress, setting the stage for a strong fourth quarter.

Bitcoin’s track record of bouncing back and delivering strong performance in October has many anticipating a successful “Uptober” this year. With positive AI predictions and historical data on its side, Bitcoin appears poised for another impressive run as the year progresses.

Read more at Investing.com: Bitcoin Receives 69% Chance for ‘Uptober’ Bull Run From Artificial Intelligence By U.Today