Bitcoin has stabilized around $64,500 after a week of heightened volatility. Analyst Ali Martinez sees a potential drop to $60,000 completing an inverse head-and-shoulders pattern that could pave the way for a rally to $74,000. Whales have accumulated nearly 29,000 BTC worth over $1.8 billion over the past week. Martinez predicts a bottom between October 6 and October 16 based on the four-year cycle theory, while analyst Vivek Sen targets $220,000 through a cup-and-handle breakout pattern.
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