CryptoIntelligence
2024-10-01 11:08:13

Bitcoin Retargets $64,000 as New All-Time High Predicted in Q4

Bitcoin (BTC) retargeted $64,000 on Oct. 1 after achieving a new monthly close record for September. Data from Cointelegraph Markets Pro and TradingView indicated that BTC/USD rebounded after a brief drop below the $63,000 mark. With a closing price of $63,300, the September monthly close represented a gain of 7.3%, according to monitoring resource CoinGlass—marking Bitcoin’s best performance for the ninth month of the year. While it failed to establish $65,000 as support after reaching that level last week, bulls managed to hold onto a crucial mid-term trend line represented by the 21-week simple moving average (SMA). Keith Alan, co-founder

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