NFT News Daily TheBittimes.com

Bitcoin wakes up to near $28,000 ahead of a jump to a new BTC mining difficulty record as billionaire investor Ray Dalio conjures the chilling thought of "World War III." Bitcoin (BTC) starts a new week firmly back in the “Uptober” spirit as the weekly close gives way to a classic short squeeze. In a return to classic BTC price volatility of the kind seen earlier in the month, the largest cryptocurrency is tackling $28,000 ahead of the first Wall Street open. While still in an established trading range, Bitcoin is keeping traders on their toes — both longs and shorts are getting caught out by short-term spot price moves, and liquidations are mounting. Sentiment is fluctuating in step with these moves. Heading toward the top of the range, Bitcoin sees a flurry of bullish projections, with these replaced by fear and foreboding when downside reenters. Well-known market commentators thus remain overall cautious, even as October — traditionally Bitcoin’s best-performing month — p

Bitcoin retains higher levels after gaining 40% or more this month, but concerns of a BTC price correction are never far away. Bitcoin (BTC) starts the last week of January in fine form after sealing its highest weekly close in five months.  Despite opposition, the largest cryptocurrency is holding on to its newfound strength and continues to surprise market participants. This is no mean feat — market sentiment has plenty to spook it and initiate a rethink among investors. Macro conditions remain uncertain, while within Bitcoin, research has highlighted whales on exchanges potentially moving prices artificially with huge amounts of liquidity. Nonetheless, Bitcoin has seen its most impressive gains percentage-wise in over a year, and hopes remain that the good times will endure. What could that depend on? Cointelegraph takes a look at some of the major factors to keep in mind as a January unlike any other draws to a close. Bitcoin analysts bank on "continuation" to come It is