Bitcoin Price Prediction as BTC Pumps Past $20,500 – Where is it Going Next?
During the European session, Bitcoin remained bullish, having gained less than 0.5% in the last 24 hours to trade at $20,600. Although October is usually a positive month for Bitcoin, the slow start to the month and continuation into the last week of the month eventually triggered an upward trend. During the Asian session, the cryptocurrency market took a sharp upward swing, and this negative attitude swiftly evaporated. With Wednesday's trade coming to a conclusion, BTC's price had risen above $20,000 for the first time. However, what does rejection at $21,000 imply? Messina Group CEO Bets Porsche Bitcoin Will Return to $60K Jim Messina, CEO of consultancy firm The Messina Group, shared his optimistic outlook on cryptocurrencies and Bitcoin in particular on Wednesday (October 26). On Fox Business, when Bitcoin was trading at around $20,000, the ex-White House deputy chief of staff discussed cryptocurrencies. Messina made the following comments about dist...