🚀 Bitcoin Hits $68K: Bulls Charge Ahead! 🚀

- Bitcoin (BTC) soared to $68,000 on Oct. 16, marking an 11-week high.

- Data from Cointelegraph Markets Pro and TradingView showed BTC's price rallying as bulls outpaced a previous "fakeout."

- Volatility was the name of the game, with analyst Skew noting "very active spoofing" on Binance.

- Below $67,000, derivatives market longs faced liquidation risks.

- Binance and Bitfinex buyers led the charge, with larger and smaller investors increasing exposure.

- Analyst Michaël van de Poppe predicts a new all-time high within weeks, eyeing $90K by year-end.

- Curiously, BTC rose alongside the US dollar, breaking their usual inverse relationship.

Stay tuned, crypto enthusiasts! 🌟