Bitcoin (BTC) has peaked at approximately 125,162 USD. Traders anticipate the price to stabilize above 123,000 USD, with key support being 118,000 USD amid predictions of a consolidation phase this October.
Forecasts from an AI model indicate that the likelihood of a BTC breakout this month is low, predicting range-bound price action largely between 118,000 USD and 123,000 USD. Traders are thus advised to monitor these levels closely.
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