As mentioned before, With Kakao announcement of UPBIT, we will see a tremendous market in October.
Also, I know for a fact that a lot of people will disagree with me but I believe Bitcoin is in an extended wave 3 (not wave 5 that everyone is saying). The chart you see right now is the entire wave 3 that I feel is going to continue up.
Given BTC history lately, it'll have good chance to reach about $6000 and retrace.
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We will see if the support holds. Keep an eye out on the price not falling below into the blue channel.
Please note: News helps market sentiment but market sentiment drives the prices.