Sudden Surge for Bitcoin and Ethereum
October looks good for the new start for cryptos, especially for the larger coins like Bitcoin and Ethereum.
Bitcoin reached over $27,000 while during the day, it hit more than $28,000 for some hours. In parallel, Ethereum surged steady and hold the $1,700 levels during the day.
The most important thing was that many trades on the short side were liquated, which means that traders that believed that cryptos’ prices will fall, lose their money. When cryptos surged last day, almost $70 million in short trades were eliminated from the boards, opening the path for even higher prices.
The major events that we wait to see in Q4 2023 are some Bitcoin ETF approvals from SEC but the prospects for the next halving.
Maybe $40,000 are close for Bitcoin…………
Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Larisa, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations
Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.
At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.
If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).