Since the beginning of October, analysts have been anticipating a market uptick, dubbed 'Uptober'. However, with the markets not meeting these expectations, questions remain about when this growth will occur, particularly for Kaspa and Bitcoin.

Crypto Market Overview

The video 'Kaspa: When will Uptober begin?' by Tommy Does Crypto provides a detailed analysis of the current market trends for Kaspa and Bitcoin. The analyst discusses recent price action for both cryptocurrencies and offers insights into expected market movements.

Current Kaspa (KAS) Trends

The analyst notes a price drop for Kaspa from 16 to 14 cents and sees this as an opportunity to buy at a discounted price. Kaspa is at a critical support level of 14 cents, marking the third time it's reached this threshold in the past five months. He also mentions the potential listing on Kraken, predicting a price increase before October ends.

Key Indicators for Bitcoin (BTC)

The analyst examines Bitcoin's growth cycles, noting a recent bullish surge prompted by Federal Reserve announcements. He predicts that October or November might signal the start of a bull phase. Despite current geopolitical events possibly causing short-term price fluctuations, he remains optimistic about the long-term outlook.

Analysts expect that either October or November could mark the start of a new bullish market for cryptocurrencies, with Kaspa and Bitcoin leading the way. The influence of various market factors will be crucial for the future movement of these cryptocurrencies.