QCP Capital Predicts Bitcoin Breakout to $78K in ‘Uptober’ Rally

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QCP Capital Predicts Bitcoin Breakout to $78K in Uptober’ Rally Singapore-based crypto trading firm QCP Capital has shared a bullish outlook for Bitcoin this October, a month often referred to as "Uptober” in the cryptocurrency space due to its historically strong performance.

Bitcoin has spent the past eight months trading within a range of $60,000 to $70,000, consolidating its gains while waiting for a potential breakout.

If Bitcoin follows its historical performance and experiences a similar 22.9% rise this October, it could easily surpass its previous all-time high of around $69,000 and reach a new milestone of $78,000.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaSingapore

Topics: QCP Capital Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 12:36:56 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 890 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 22837459

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 8 hours ago

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