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Bitcoin set for record monthly close with BTC price still below 'worst case scenario'
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Bitcoin (BTC) delivered fresh retests of $60,000 support on Oct. 31 with a matter of hours left until the crucial monthly close.
Data from Cointelegraph Markets Pro and TradingView showed lackluster price action on Sunday, with BTC/USD below the "worst case scenario" for its October close.
Analysts were eagerly awaiting to see if the end of the month could provide a turnaround and prove the worst case theory correct for a third month running.
Its creator, PlanB, father of the stock-to-flow model, correctly guessed the $47,000 and $43,000 finales for August and September respectively.
Even without succeeding, however, finishing October above $60,000 would mark several achievements in itself.
If #Bitcoin closes the week tomorrow above $60k, it
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