Why This Could Be Bitcoin’s Most Bullish Weekly Close

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Bitcoin is dropping bullish hints left and right as the "Uptober" monthly close, US Presidential Election and Fed interest rate decision draw near.

Bitcoin launches into the end of “Uptober” with a bullish weekly close and traders betting on fresh BTC price upside.

Analysis predicts a “very volatile” monthly close for BTC/USD, with the CME futures gap acting as a possible downside target around $67,000.

An onslaught of US macro data precedes the crunch election and Fed rate meeting next week.

Bitcoin is finally breaking loose from a downward-sloping channel in place practically since March’s all-time highs after a “most bullish” weekly close.


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