Bitcoin Back At $120,000: We Could See $130,000 This Weekend
Bitcoin (BTC) reclaimed the $120,000 price point earlier today and is facing some resistance at this level. BTC has made quite a quick recovery from its recent descent to the $109,000 price level. According to CoinGecko data, Bitcoin (BTC) has rallied 1.2% in the last 24 hours, 9.6% in the last week, 2.5% in the 14-day charts, 8% in the previous month, and 95.6% since October 2024. In this price prediction article, let’s discuss if Bitcoin can breach a new peak of $130,000 over the coming weekend. Source: CoinGecko Bitcoin Price Prediction: $130,000 Over This Weekend? Source: Unsplash While September has historically been a bearish month for Bitcoin (BTC), October has been the opposite. Many even call October “Uptober,” highlighting its bullish history. BTC could see its rally continue over the coming days if we follow the historical pattern. If BTC breaches the $125,000 mark, it could climb further to hit $130,000. However, whether the asset can hit $130,000 this week...