George from CryptoRUs explains why he believes Bitcoin is positioned for a major uptrend.
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Despite recent market dips due to political changes in Japan and U.S. Federal Reserve announcements, he remains optimistic about the coming months. Historically, October has been a strong month for Bitcoin, and with global liquidity injections on the rise, Bitcoin’s price could see substantial gains.
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Retail investor activity is currently low, which George views as a positive since high retail involvement often signals market peaks. In contrast, institutional interest is growing, with nearly $1 billion flowing into Bitcoin-related products in just two days. Large Bitcoin holders, or "whales," are increasing, reflecting confidence from institutional investors.
George stresses that Bitcoin hasn’t yet reached its peak, and the current cycle is still far from over. He attributes the potential for a big price surge to growing liquidity, strong institutional involvement, and favorable historical trends. He predicts that as retail investors return, altcoins will also rise, creating more opportunities in the market.
