CryptoQuant’s 3 charts keeping Bitcoin’s ‘Uptober’ thesis valid
Bitcoin onchain analysis eyed a “potential bottom” for BTC price action in early October as demand weathered external headwinds.
Bitcoin (BTC) can still preserve its traditionally strong October performance, as onchain data points to a local BTC price bottom forming.
Key points:
New analysis published on crypto analytics platform CryptoQuant Monday show onchain conditions in a state of “cautious optimism.”