[Analyst: Bitcoin May Bottom Out in October, Consider Dollar-Cost Averaging Between $48,000 and $62,000] BlockBeats News, August 16, crypto analyst Ali Charts published an article stating that based on Bitcoin's four-year cycle, he expects BTC to reach the bottom of this market cycle between October 6 and October 16. He suggests that before the final capitulation phase arrives, investors should establish a dollar-cost averaging strategy within the $62,000 to $48,000 range to accumulate Bitcoin in batches. He believes the current bear market is nearing its end and says now is the time to start turning bullish. [Original Link]