The Dominant Narrative: Institutional Integration and "Uptober"
The overarching sentiment remains highly bullish, carrying the momentum of the traditional "Uptober" rally. Bitcoin (BTC) is firmly entrenched above $118,000, with market analysts widely eyeing the $120,000 level as the next major psychological and technical hurdle. This move is supported by consistent, multi-billion dollar inflows from approved Bitcoin ETFs and favorable macro conditions, particularly a weakening US Dollar amid expectations of Federal Reserve interest rate easing.
Unique Structural Developments
1. The Dawn of Sta