Bitcoin Nears All-Time High Amid October Rally

Bitcoin is trading around $72,200 and is close to a new all-time

high by the end of October. The rally has pushed Bitcoin’s market

cap above $1.45 trillion, with exchange reserves hitting record

lows—signaling high buying demand.

Bitcoin ETFs have also seen strong inflows, reaching $3.9 billion

since October 11, adding momentum to Bitcoin’s upward trend.

October is historically a strong month for BTC, and this rise

coincides with growing Polymarket odds for Donald Trump,

whose pro-crypto stance is boosting investor optimism.

Key levels: BTC might test resistance at $73,777 soon, while

support at $66,400 could provide a cushion if needed. With

political and technical factors aligning, Bitcoin seems set for a

record high.

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