Bitcoin Poised for Strong October Surge Amid Positive Macro Factors

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Bitcoin Poised for Strong October Surge Amid Positive Macro Factors Bitcoin (BTC) is defying its typical September performance, achieving a projected 9% gain for the month—an unusual feat given the cryptocurrency’s historical trend of negative returns during this period.

October has historically been a bullish month for Bitcoin, and the cryptocurrency’s current momentum signals that this year may be no different.

While Bitcoin’s bullish outlook is supported by favorable macro factors and political tailwinds, it’s important to note that investor sentiment remains somewhat mixed.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: BITCOIN Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 08:37:03 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 955 words

Reading Time: 6 minutes read

Sentences: 49 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22785064

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 26 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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