$BTC Today, the price of Bitcoin is experiencing a positive trend and is predicted to continue to rise until the end of October 2024. Currently, Bitcoin is around $66,000 and some analysts predict that the price could reach up to $70,000 or more by the end of this month. This increase was driven by several factors such as the Fed's interest rate cut policy, increased stablecoin liquidity, and economic stimulus from China that supports the crypto market as a whole.

In addition, October is often considered a bullish month for Bitcoin, known as "Uptober," where historically crypto prices tend to increase. Although it was in a consolidation phase, often called the Re-Accumulation Range, many analysts are optimistic that the price of Bitcoin will soon experience a major spike in the near future​

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