TheStreet Roundtable asked Luke Davis for his view on Bitcoin heading into October, as part of its “Uptober” or “Rektober” outlook.
Luke expressed a constructive view, pointing to Bitcoin's resilience during the previous month's tighter monetary conditions. He also saw the softer core-inflation reading discussed in the article as giving the recovery more room if expectations for further tightening eased.
The report brings his assessment together with other analysts' views on demand, monetary policy and the limits of relying on seasonal patterns. Those comments reflect the outlook at the article's September 30 publication.
