Bitcoin Price sees 1st October Spike Above $20K

Although BTC is hovering right below $20K at the moment, we’ve touched the mark for the first time this month and should rise above it any minute now

Bitcoin price sees first October spike above $20K as daily gains hit 5%

“Data from Cointelegraph Markets Pro and TradingView showed BTC/United States dollar climbing prior to the Wall Street open, up over 5% in 24 hours.

The pair had shaken off macroeconomic concerns at the start of the week, with trouble at Credit Suisse and the escalating Russia-Ukraine conflict failing to slow performance.

Now, the short-term analysis focused on a run potentially topping out closer to $21,000 — as was the case late last month, as sell-side pressure at that level remained significant.”


Master Asked on October 4, 2022 in Bitcoin.
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