Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

2025-05-19

Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

2025-05-19

Coinbase confirms Doj research after a major security incident

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

    2025-05-19

    Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

    2025-05-19

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18
  • Analysis

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Trader Predicts Fourth Quarter Fireworks for Bitcoin, Says BTC Is Poised for Mid-October Breakout – Here’s His Price Target
Analysis

Trader Predicts Fourth Quarter Fireworks for Bitcoin, Says BTC Is Poised for Mid-October Breakout – Here’s His Price Target

2024-10-08No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A popular crypto trader believes Bitcoin (BTC) is gearing up for a major breakout this month on its way to new all-time highs.

The pseudonymous analyst known as TechDev says in a new analysis that BTC’s relative strength index (RSI) has built a bottom structure and is showing early signs of a possible reversal into a new surge.

The RSI indicator is a momentum oscillator used to determine whether an asset is oversold or overbought. The values ​​of the RSI range from zero to 100, with the level between 70 and 100 indicating that an asset is overbought, while the level from zero to 30 indicates that an asset is oversold.

explains TechDev,

“We are also the same number of weeks away from the previous impulse top as we were when the all-time high began in the 2014-2017 period.

If we look closer, we see the potential for an RSI outbreak. Compare this to the last time we saw a similar setup in the yellow zone. Then the RSI breakout was a key indicator of the larger market shift that followed.”

Source: TechDev

The analyst shares a chart indicating that he expects Bitcoin to rise to around $90,000 sometime in November or December.

“With confluence, this outlook places a final consolidation against the upper trendline where it would be expected.

I’m looking forward to mid-October for the breakout of this exhausting correction. On the high time frames it has formed a literal horizontal line on the high time frames.

I will monitor any deviations from the expected orange path and provide updates if we see any shifts.”

Source: TechDev

BTC is trading at $62,628 at the time of writing. The highest-ranked crypto asset by market capitalization has fallen almost 2% in the past 24 hours.

See also  Bitcoin dominance on a make-or-break-level-what it means for the market

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

Follow us further X, Facebook And Telegram

Surf to the Daily Hodl mix

Generated image: Midjourney



Source link

Bitcoin Breakout BTC Fireworks Fourth Heres MidOctober poised Predicts Price Quarter Target trader
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

2025-05-19

Bitcoin touches $ 2T market capitalization, surpasses Google and Meta – Is Apple next?

2025-05-19

XRP -Price confirms Bullish reversing settings with this demand zone

2025-05-19

Nexchain leads together with BTC Bull Token

2025-05-19
Add A Comment

Comments are closed.

Top Posts

$100K or $150K as Bitcoin High? This is what Mike Novogratz thinks

2024-03-01

XRP set to skyrocket? Key developments point to huge gains ahead

2024-07-24

Will Bulls spark a rally this week?

2024-10-27
Editors Picks

Gemini Settles CFTC Bitcoin Futures Case for $5 Million

2025-01-07

Bitcoin forms a signal that is generally ‘very bullish’, says analyst

2024-07-18

XRP Price Could Repeat Legendary 61,000% Surge Like 2017, Analysts Claim

2023-11-25

Chainlink unveils new CCIP feature for private transactions for financial institutions

2024-10-23

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

Coinbase confirms Doj research after a major security incident

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,769.79-0.46%
  • ethereumEthereum(ETH)$2,535.233.04%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.38-1.27%
  • binancecoinBNB(BNB)$650.780.20%
  • solanaSolana(SOL)$168.05-1.43%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.225363-2.09%
  • cardanoCardano(ADA)$0.74-1.01%
  • tronTRON(TRX)$0.2663850.50%
  • suiSui(SUI)$3.87-0.27%
  • chainlinkChainlink(LINK)$15.840.99%
  • avalanche-2Avalanche(AVAX)$22.32-1.89%
  • stellarStellar(XLM)$0.286088-1.32%
  • hyperliquidHyperliquid(HYPE)$26.55-0.67%
  • shiba-inuShiba Inu(SHIB)$0.000015-1.56%
  • hedera-hashgraphHedera(HBAR)$0.194153-0.57%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-1.45%
  • bitcoin-cashBitcoin Cash(BCH)$393.33-2.90%
  • the-open-networkToncoin(TON)$3.03-2.50%
  • litecoinLitecoin(LTC)$98.53-1.18%
  • polkadotPolkadot(DOT)$4.61-2.61%
  • moneroMonero(XMR)$343.902.06%
  • bitget-tokenBitget Token(BGB)$5.210.59%
  • pepePepe(PEPE)$0.000013-3.10%
  • daiDai(DAI)$1.000.03%
  • piPi(PI)$0.74-0.77%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$251.5810.45%
  • uniswapUniswap(UNI)$5.96-1.12%
  • bittensorBittensor(TAO)$413.02-1.51%
  • nearNEAR Protocol(NEAR)$2.78-0.99%
  • aptosAptos(APT)$5.221.48%
  • okbOKB(OKB)$52.45-1.04%
  • ondo-financeOndo(ONDO)$0.93-1.28%
  • kaspaKaspa(KAS)$0.108359-1.98%
  • ethereum-classicEthereum Classic(ETC)$18.49-0.08%
  • internet-computerInternet Computer(ICP)$5.21-1.07%
  • gatechain-tokenGateToken(GT)$21.51-1.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-2.19%
  • crypto-com-chainCronos(CRO)$0.096113-2.83%
  • mantleMantle(MNT)$0.73-1.75%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233272-2.40%
  • vechainVeChain(VET)$0.028114-1.99%
  • render-tokenRender(RENDER)$4.57-1.17%
  • ethenaEthena(ENA)$0.372673-3.04%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • algorandAlgorand(ALGO)$0.222772-1.05%
  • filecoinFilecoin(FIL)$2.86-0.47%
  • arbitrumArbitrum(ARB)$0.3925910.66%
  • bitcoinBitcoin(BTC)$105,769.79-0.46%
  • ethereumEthereum(ETH)$2,535.233.04%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.38-1.27%
  • binancecoinBNB(BNB)$650.780.20%
  • solanaSolana(SOL)$168.05-1.43%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.225363-2.09%
  • cardanoCardano(ADA)$0.74-1.01%
  • tronTRON(TRX)$0.2663850.50%
  • suiSui(SUI)$3.87-0.27%
  • chainlinkChainlink(LINK)$15.840.99%
  • avalanche-2Avalanche(AVAX)$22.32-1.89%
  • stellarStellar(XLM)$0.286088-1.32%
  • hyperliquidHyperliquid(HYPE)$26.55-0.67%
  • shiba-inuShiba Inu(SHIB)$0.000015-1.56%
  • hedera-hashgraphHedera(HBAR)$0.194153-0.57%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-1.45%
  • bitcoin-cashBitcoin Cash(BCH)$393.33-2.90%
  • the-open-networkToncoin(TON)$3.03-2.50%
  • litecoinLitecoin(LTC)$98.53-1.18%
  • polkadotPolkadot(DOT)$4.61-2.61%
  • moneroMonero(XMR)$343.902.06%
  • bitget-tokenBitget Token(BGB)$5.210.59%
  • pepePepe(PEPE)$0.000013-3.10%
  • daiDai(DAI)$1.000.03%
  • piPi(PI)$0.74-0.77%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$251.5810.45%
  • uniswapUniswap(UNI)$5.96-1.12%
  • bittensorBittensor(TAO)$413.02-1.51%
  • nearNEAR Protocol(NEAR)$2.78-0.99%
  • aptosAptos(APT)$5.221.48%
  • okbOKB(OKB)$52.45-1.04%
  • ondo-financeOndo(ONDO)$0.93-1.28%
  • kaspaKaspa(KAS)$0.108359-1.98%
  • ethereum-classicEthereum Classic(ETC)$18.49-0.08%
  • internet-computerInternet Computer(ICP)$5.21-1.07%
  • gatechain-tokenGateToken(GT)$21.51-1.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-2.19%
  • crypto-com-chainCronos(CRO)$0.096113-2.83%
  • mantleMantle(MNT)$0.73-1.75%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233272-2.40%
  • vechainVeChain(VET)$0.028114-1.99%
  • render-tokenRender(RENDER)$4.57-1.17%
  • ethenaEthena(ENA)$0.372673-3.04%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • algorandAlgorand(ALGO)$0.222772-1.05%
  • filecoinFilecoin(FIL)$2.86-0.47%
  • arbitrumArbitrum(ARB)$0.3925910.66%