BTC Nears $73.7K Breakout Sell-Off Intensity Expected to Vary

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A Bitget analyst predicts that Bitcoin’s “imminent” price breakout will come with “occasional cool-offs” unless there’s stronger confidence in a “pro-Bitcoin” president taking office.

Bitcoin could be nearing a test of its all-time high, but how quickly traders will take profits remains uncertain, according to a crypto analyst.

“Should history repeat itself, Bitcoin is likely to retest its all-time high above $73,750 from the third week of October into November,” Bitget chief research analyst Ryan Lee told Cointelegraph.

Bitcoin sell-off intensity will hinge on US election

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