Bitcoin is experiencing a volatile phase, starting October under $65,000 and aiming for an 'Uptober.' It briefly surged from $60,000 on October 3 but couldn't surpass the significant resistance at $64,000, marking one of its All Time High zones.
The cryptocurrency showed signs of completing a cup and handle pattern, a bullish signal often indicating potential for a price breakout. However, it faced rejection before reaching the desired threshold, leading to growing market speculation about future movements.
