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Bitcoin (BTC) Primed for October Record High, Says Analyst Michaël van de Poppe—Here’s What to Watch

  • Crypto analyst Michaël van de Poppe suggests that Bitcoin could reach an all-time high in October, riding on the reaction to Fed's rate cut.
  • Bitcoin is currently trading at $62,111 and has maintained its position above the crucial support at $58,500.
  • On-chain analyst Willy Woo also predicts significant bullish momentum for Bitcoin, pointing out the accumulation of Bitcoin in the medium term.
  • Van de Poppe also analyzes Ethereum, suggesting it could flip a key resistance level into support in the 0.04-0.041 BTC ($2,486-$2,549) area.

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