Bitcoin Taps $121,000 As Hot ‘Uptober’ Start Reboots All-Time High Predictions

As Bitcoin (CRYPTO: BTC) tapped $121,000 on Friday morning, market commentators except the year’s final quarter to deliver positive returns for both BTC and Ethereum (CRYPTO: ETH).

What Happened: Trader Smiley Capital on Thursday pointed out that prices above $120,000 could act as a distribution zone for 2023 buyers, though he still targets $140,000–$160,000.

A drop below key support of $118,000 would invalidate this bullish thesis.

Ethereum remains largely correlated with …

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