Bitcoin (BTC) has risen above $64,000 for the first time since October 7, sparking speculation among crypto analysts about whether the expected breakout moment in October has arrived.

10T Holdings founder Dan Tapiero said in a statement after Bitcoin surpassed $64,000 that the market could see a major movement if the $70,000 level is broken. Bitcoin's price is currently trading at $64,872.

Bitcoin's price increase has brought October back into the green zone, up 2.48% since the beginning of the month. Pseudonymous crypto trader Jelle stated that Bitcoin is heading towards new highs and the summer slump is behind it.

Do you think Bitcoin will be able to continue this rise? We are waiting for your comments.