Bitcoin surged past $66,500, outperforming other altcoins which have been consolidating. Despite the recent uptrend, Bitcoin is currently dumping harder than other cryptocurrencies.
There are signals of a potential bearish pullback, but some experts believe Bitcoin might still outperform many altcoins. The trend reversal could play a crucial role in setting a new all-time high in October.
The price movements indicate a volatile market, with Bitcoin showing strength despite the fluctuations and predictions of a bullish rally by the end of the month.