BROADCASTS.com

With Bitcoin closing the month of October at $13,816, this signals the highest monthly close for BTC since December of 2017.

October’s monthly close also signals the highest red dot close to date via the Stock-to-flow model, a clear indication that this controversial Bitcoin price prediction model is right on track ‘still’ targeting $288K by 2024.

Bitcoin briefly spiked above $14,000 again, this time perhaps on news from the US Presidential elections.

The altcoins have erased most of yesterday’s losses, and the market capitalization has added about $10 billion.

Bitcoin broke above the coveted $14,000 mark on Saturday for the first time since January 2018.

Since then, though, the asset has primarily struggled with maintaining its high price tag.

In fact, BTC even dipped below $13,300 on two occasions in the following days.

It started recovering yesterday when it jumped above $13,500 and stayed above it for most of the past 24 hours.

Just a few hours ago, the primary cryptocurrency headed higher once more.

With a few decisive candles, Bitcoin surged to $14,050 (on Bitstamp) before retracing to its current level – $13,800.

Interestingly, the price increase coincided with surfacing reports that the current US President Donald Trump has become the betting favorite to win the 2020 Presidential elections.

Nevertheless, popular TV host Max Keiser recently highlighted that despite who’s the US President following the elections, Bitcoin will emerge as the ultimate winner.

For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net