For the first time in over two months, the Bitcoin price soared above $12,000 this week. The cryptocurrency was up 7% in just 24 hours and reached the peak Bitcoin price USD 12,734.70.
This rally was actually long-anticipated and analysts are expecting yet another bull run now that the price has slumped a little below the $12K mark again. But before they can set the next Bitcoin price target, the cryptocurrency will need to remain above that level for some time.
However, given last week’s six-day streak of gains for Bitcoin, October has so far been a very good month for the first cryptocurrency. And if things continue this way for the Bitcoin price, October 2020 still has time to become an even better month.
Watch the full video to find out what our Bitcoin price October 2020 prediction entails for the near future. And stay tuned for our next full Bitcoin price analysis! Have a different take on
the Bitcoin price forecast? Then let us know what your Bitcoin price prediction October is in the comment section below!
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