The month Of October started on a good grand for Bitcoin as its price raised significantly in the late hour of the 1st of October a move many analysts have predicted to be the full return of the Bitcoin bull market.
For this month bitcoin is increasing, even the increase is quite significant, many analyzes say bitcoin is the year-end target to reach a pretty fantastic number, this indicates that many investors have begun to adopt the pattern in the previous year, where bitcoin was able to provide considerable value and almost all the analyzes that people make have a truth rate above 80% of the bitcoin analysis and I believe bitcoin will reach high numbers early next year.
Bitcoin has broken the 55k price benchmark within this week and at the moment Bitcoin is holding a strong resistance at the 55k and heading to 60k any moment. This is an indication of the fact that before the end of 2021 we may see a 100k Bitcoin price.
Bitcoin is very surprising with a 32% increase in a week, as many people predicted near the end of the year Bitcoin is increasing in price. As you said
in the near future Bitcoin will be heading for $60k and hopefully it will be this week. If we see Bitcoin rising drastically now, it is increasingly visible
that Bitcoin is indeed bullish in October. This indicates that the $100k price target that many people predict is very likely to be achieved by the end of
this year. I'm glad I made the right decision when Bitcoin was under $45k, I bought more Bitcoin, because now Bitcoin has gone above $50k.