Crypto Price Predictions: A Look at October’s Potential

Several altcoins have turned down from key resistance levels, hinting at selling on rallies. Bitcoin’s recovery faces selling pressure near $109,500 but a positive sign is the formation of a higher low. The bulls may form a range between $107,000 and $126,199. Ethereum (ETH) also shows resistance near its 20-day EMA, with potential for continued consolidation before moving towards the all-time high. Experts expect BTC to perform well in October, citing historical trends, while veteran traders like Peter Brandt warn of a huge shakeout before any new highs.