Bitcoin Saw 27% October Surge as Traders ‘Panic Bought’ Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?
BTC has advanced 27% in October, its strongest showing since January, as the crypto rally widened.Sentiment hit an "exuberant" level as many traders "panic bought" amid the rally, Matrixport noted.BTC could still run higher, targeting $40,000 in the coming weeks, an LMAX strategist said.The boredom ended in October as cryptocurrency prices zoomed higher, with the