Analyst correctly predicts BTC monthly close – October target is $63,000
Before a series of bad information from the country of billions of people, China. Experiencing the last days of September with nothing flourishing, investors still hope and believe that the financial market will improve in the last 3 months of the year. Today is the first day of the fourth quarter. Will the financial market in general and the crypto market in particular let investors down? Let’s find out with Primexbt trading.
There is an investor with the name PlanB who has predicted the closing price of BTC month by month, his post is making a comeback because it is a good sign for the crypto market.
Bitcoin price action exactly matches PlanB’s prediction, and if history repeats itself, BTC will be at $63,000 by the end of October.
After plummeting to the area below 40k BTC moved sideways with a range of 40-43,000usd. And at the moment Bitcoin price bounces up after a sharp drop and is running at 44,880usd/dong.
Bitcoin (BTC) was keen to hold on to $44,000 on Oct 1 as the monthly close sparked a late show of strength but it won’t be until 00:00 on October 2 to know if BTC holds. the $44,000 mark or not.
BTC CLOSE MONTHLY CANDLE AS PLANB’S FORECAST
Data from TradingView tracked BTC as it first bounced back to the $44,000 mark on Thursday, then tested lower lows before surging even higher.
While still failing to break through resistance at $45,000 and above, Bitcoin did not disappoint with its month-end performance, which almost exactly matches predictions from the Stock-to-model creator- flow, PlanB.
With $63,000 now scheduled for October, expectations are high for Bitcoin to make up for the lost gains in Q3.
“September is bad. October is great. November is great. December is great,” summarized analyst Michaël van de Poppe, telling Twitter followers to “buy dip”.
ETHEREUM BACK TO 3,000 USD
Of course, in the context of a strong BTC rally, altcoins cannot lie still. Over the past 24 hours altcoins have been moving but not too strongly. Binance Coin (BNB) is leading among cointops with a 6% daily gain.
However, all of the top ten cryptocurrencies by market capitalization are in green at press time, marking a refreshing contrast to the recent action.
Ether (ETH), the most anticipated altcoin after BTC, is trading above $3,000 with a profit increase of more than 3%.
Believe in a bright market in the future.
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