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Why Bitcoin Price is Up Today? Will October’s Bullish Momentum Continue?
- Bitcoin price has rallied 5% in the past 24 hours, reaching above $71k for the first time since June this year.
- The surge in Bitcoin's price also led to a 3% increase in the total market cap of cryptocurrencies.
- The rally is fueled by high demand from whale investors and bullish sentiment.
- Technical analysis suggests Bitcoin could aim for $94k in the near term.
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