Bullish moment for Bitcoin on October 3, when the asset dip to less than $60,000 sparkling a buying movement only seen teo years ago. Traders bought more Bitcoin this time since 2022, and this means something!
Means that traders aren't waiting to the price to dip more than that and ape in all below that price. If you already noted there's less production of Bitcoin and most of that can be bought only in Exchanges, so this is driving attention to buyers who defined their target to purchase Bitcoin.
In less than $60,000 they can still manage to buy more and if it dip even more the buying frenzy will be insane. Less production of Bitcoin will open the appetite for it and all the Bitcoin in Exchange will be scooped and traders are guessing that and preparing for next circle of the Bitcoin price. If they manage to ape in more they can have more to trade and at a higher price.
Don't sleep on this, things are heating up! Remember:
CONTENT IS KING!