**Bitcoin Bounces Back, Eyes $70K Amid Market Buzz**

Bitcoin (BTC) has kicked off "Uptober" with a bang, hitting its highest weekly close since June at just over $69,000. Traders are buzzing with excitement, debating whether BTC will retest its all-time highs or see a healthy consolidation first.

Key market events this week include U.S. jobless claims and the Fed's Beige Book, with inflation still a hot topic. Despite the rally, mainstream consumer interest in Bitcoin remains low, as shown by Google Trends data.

Analysts are divided on BTC's future, with some cautioning about high leverage in derivatives. As Bitcoin flirts with $70K, the market watches closely for the next move.