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Bitcoin climbed over 1% and now sits above $122K, just 0.5% shy of its all time high. Price action looks strong, with bulls firmly in control.
Across the broader market, altcoins extended their rally. BNB impressed again, rallying over 9% to nearly $1,200 and setting a fresh all time high. This move also helped lift ASTER, which has been riding BNB’s strength.
Markets are in a great position. Bitcoin is hovering just below its all time high and altcoins are showing solid momentum, yet many still remain at discounted levels compared to where they were at the start of September. There are still plenty of opportunities across the crypto space. You are not too late, but you do not want to be sidelined when Bitcoin breaks through that all time high and sharp rallies follow as investors rush in with FOMO.
It has been a strong start to October. If Bitcoin simply matches its average historical performance for this month, it would reach around $131K by month end. That projection is based purely on historical data, without even factoring in the current macro backdrop, which includes broad bullishness across markets and catalysts like expected rate cuts.
This is a great time to be bullish. It is not the time to be sitting on the sidelines or stuck waiting for lower prices just because you hesitated last week and now feel like you have missed it. Time in the market beats timing the market.
Stormrake Spotlight: Aster (ASTER) ($2.13)
Stormrake Spotlight: Aster (ASTER) ($2.13)
