It's not "Uptober" yet, but we're seeing signs of a bull run. BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.
Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?
The recent surge in Bitcoin prices is not a hoax because it could be due to the effects of the Fed's interest rate cut which directly impacted the crypto market and others, causing the price of Bitcoin to increase. And we can also assume that this is due to the effect of many investors buying again this month after news of the interest rate cut began to emerge and was approved by the Fed. So this is a very good momentum and not just a hoax because Bitcoin will always get better when there is news that can influence the market in a better direction.