According to data from CryptoCompare, the day after the 12th anniversary of its white paper, Bitcoin managed to close the month of October at $13,801, which was its second highest monthly in history.
Bitcoin recorded its highest ever monthly close — $13,850 — on 31 December 2017, the same month in which Bitcoin’s price reached its all-time high (ATH) of $19,870 (which occurred on 17 December 2017).
Popular crypto analyst/trader Josh Rager, who is also a Co-Founder of online crypto learning platform Blockroots, as well as an advisor to several blockchain startups, seems to think that Bitcoin’s price has a good chance to reach a new ATH “in the coming months.”
Another popular crypto analyst who seems to believe that the Bitcoin price will go over the $20,000 in the near future is Lark Davis.
Prominent Dutch crypto analyst/trader Michaël van de Poppe offered this technical analysis based prediction for where Bitcoin’s price is headed next:
Featured Image by “SnapLaunch” via Pixabay.com
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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