1. Rekt Capital: Bitcoin's historical average monthly increase in October reached 22%. 2. Bitcoin is between $61,700 and 7
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1. Rekt Capital pointed out that historically, Bitcoin has had an average increase of 22% in October. 2. There is selling pressure on Bitcoin prices between $61,700 and $70,500 currently. 3. Fear continues as BTC drops below $58,000, causing short-term investors to panic and exit. 4. Despite analysts predicting that Bitcoin prices may rise to $110,000, there is also a risk of dropping below $40,000 first. 5. A report from Bitfinex suggests that the bottom may be between $40,000 and $50,000. 6. Bitcoin is expected to revisit the low point area of $50,000 in the coming weeks, with $54,000 potentially serving as a strong support level
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