Bitcoin has started October on the right foot (just like many expected), and now the question is whether it can hit a new all-time high before the month is 0 this article, we ask three of the most popular AI-powered chatbots about their take on the 1 Would Fuel Such a Pump? ChatGPT claimed there is a reasonable probability, pointing out that October (often called “Uptober” across the crypto community) is among the strongest months for Bitcoin. “This seasonality, combined with institutional inflows (spot ETFs, long-term holders accumulating), creates a favorable backdrop,” it 2 chatbot added that the primary cryptocurrency will have a better chance to tap a new ATH if the macro uncertainty in the US (caused by the government shutdown) 3 to some analysts, the ongoing issues in America may cause panic among investors and prompt them to seek alternative assets, such as BTC.
Grok, the chatbot built into the social media platform X, estimated that the probability of that outcome is around 65-75% based on historical data, technical indicators, and 4 reminded that the Federal Reserve is expected to lower interest rates once again towards the end of the month, which could increase interest in riskier assets and positively impact the leader in the crypto 5 FOMC meeting is scheduled to take place on October 29, and according to Polymarket, the odds of lowering the benchmark are set at 90%. Fed Decision in October,), for instance, has spiked above 80 for the first time since 6 beyond 70 typically suggest that the asset is overbought and may be due for a pullback, whereas anything below 30 is considered bullish 7 RSI,), the metric entered “greed” territory with a ratio of 64, which is the highest point observed in the past seven 8 Fear and Greed,) Reach a New Price Record This ‘Uptober’?
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