Analysts assert October’s bullish outlook remains intact despite crypto market crash

Despite the recent major liquidation event, experts remain positive about Bitcoin’s potential this month, dubbing it “Uptober”. Historical performance suggests strong gains typically occur after mid-month.

Following significant volatility, the crypto market capitalization rebounded to 4 trillion USD, demonstrating investor resilience. Analysts stress that structural factors are more influential than external events in shaping market dynamics.

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