Bitcoin gears up for ‘Uptober’ after $114K rally revives bulls

Bitcoin’s swift rally to $114,000 shows bulls are back, but a CME gap near an underlying support could see a retest of $111,000 before Uptober really starts.

Key takeaways:

Bitcoin rallied 4.5% in 48 hours, reclaiming $114,000.

A reset in BTC’s open interest points to healthier upside after long de-leveraging.

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