Bitcoin (BTC) is trading around $68,000 after reaching 11-week highs at the Wall Street open on Oct. 16. The BTC price is continuing its rally, breaking past a leverage-driven “fake breakout” peak from the day before, according to Cointelegraph Markets Pro and TradingView data. Skew warned of active manipulation in the Binance spot market.

Binance and Bitfinex spot buyers increased buying pressure at the Wall Street open. Data from Material Indicators shows that interest in Bitcoin is increasing among both large and small investors.

Michaël van de Poppe predicts Bitcoin will reach a new all-time high. However, the breakout of the traditional inverse correlation between BTC/USD and the US Dollar Index (DXY) is making investors nervous.

Share your thoughts in the comments.