Bitcoin price can hit $160K in October as MACD golden cross returns

Bitcoin has seen a key golden cross for the first time since April — last time it flashed, BTC price gained over 40% in a month.

Key points:

Bitcoin sees a repeat bull signal from its MACD indicator, which last came in early April.

Price then climbed 40% in a month, which this time would give BTC a $160,000 target.

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