“Bitcoin October 23 daily chart alert: Price uptrend gains power, as the world’s leading cryptocurrency continues to defy skeptics and solidify its position as a formidable investment option.”
October Bitcoin futures prices are solidly higher and hit a 3.5-month high in early U.S. trading Monday. The BC bulls have the solid near-term technical advantage and have momentum on their side, amid a price uptrend in place on the daily bar chart. The path of least resistance for prices remains sideways to higher in the near term. Stay tuned!