Bitcoin Eyes 7% Weekly Gain as ‘Golden Week’ Ends

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Bitcoin reached the key $116,000 level needed to maintain "golden week" gains, but the latest BTC price dip risked another Uptober letdown.

Bitcoin is running out of time to seal “golden week” gains that have been standard since 2015.

BTC price action needs to reclaim $116,000 by the Wednesday daily close, research shows.

Crypto markets may enjoy a last-minute lift from US interest-rate cuts.

Bitcoin has hours to save its standard October “golden week” as price struggles to maintain $113,000.

Data from network economist Timothy Peterson published on X demands that BTC/USD gain 7% by the end of the day Wednesday.

Bitcoin Uptober rescue starts with $116,000 reclaim

Bitcoin seasonality remains in focus as a disappointing “Uptober” comes to an end.

For Peterson, one area of interest is the weekly chart — and three seven-day periods in particular.


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