Uptober could push all coin prices up

October 02, 2023

Dear Reader,

First, the "bad" news…

Bitcoin rose about 80% in the first half of this year.

But… in the third quarter it dropped 11%.

"Hodlers" are hoping for a break, and they may get one in October.

Because, since 2013, every single October (except for 2014 and 2018) has seen bitcoin bring in positive gains.

That's why they call it… Uptober.

And that's where the "good" news comes in.

There is reason to believe the bullish trend will continue this month.

Another positive development traders are smiling about…

As bitcoin gets its footing, there is an increased interest in altcoins.

In fact, some altcoins are starting to push higher.

Which could lead to a nice recovery.

Should bitcoin pop above $28K there's a good chance the bullish momentum could pick up.

Which altcoins should traders look out for?

We could see a run-up for MKR, AAVE, RUNE and INJ.

Time will tell.

For now, the market is still volatile enough for certain coins to pop and drop. As a result, Cointelegraph Markets Pro is alerting members to altcoin breakouts on a daily basis.

Regards,

Max K.
Markets Pro Team