Hello dear friends. BTC is currently emerging as a new trend as investors are pouring their capital into BTC as a safe haven while the market becomes unstable.
Currently, BTC is trading at $27,242. It can be seen that the cryptocurrency is continuing to recover after a decline and encountering the trendline.
Regarding prospects: the price in the week will be influenced by important news to note this week:
- Retail sales MOM announced on 17/10
- Speech by the Fed chairman announced on 19/10
If it is good news, it is obvious that BTC will have the potential to surpass the barrier of $28,000 and continue to increase rapidly.