Bitcoin’s recent rise to $66,300 makes it unclear whether this signals a real change in its price trend. Do you think the historical trend of October being a strong month for Bitcoin will continue, or could we see a repeat of previous rallies being stopped at resistance levels?
I also learned a new word today, ‘Uptober.’
https://cointelegraph.com/news/is-bitcoin-s-uptober-beginning-or-will-today-s-btc-rally-end-with-more-of-the-same
I’m still looking it as market manipulation. FOMO is still clouding in the mind of crypto holder.
On chart, It seems, MA is approaching market. It will be a test for market maker or holder if they are still a loyalist or merely punter. From market data, the average price of the holder (late adopter) is around 53k - 61k. The figure is excluding the ancient owner / early adopter. So we can imagine if the price fall, many will suffer a big loss.
When there is selling chain reaction, price fall is unavoidable. It lacks of backup by fundamental. 
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