AI Predicts Range-Bound Bitcoin in October

Bitcoin hit a new all-time high this week, exceeding $4,500 as bullish momentum continues within the cryptocurrency market. Despite this surge, analysts are divided on whether Bitcoin will sustain its rally towards $150,000. Some predict continued range-bound trading, while others anticipate further gains. 50-period exponential moving average (EMA) support sits around $119,250, but traders warn of potential retracements to support levels like $118,000.