BTC price hits $57K five-month high — 5 things to watch in BTC this week

BTC price hits $57K five-month high — 5 things to watch in BTC this week


Bitcoin (BTC) is on top form — almost literally — as it heads into a new week less than 15% from all-time highs.

A classic cocktail of factors has laid the foundation for a Q4 finale which analysts are now confidently comparing to the bull runs of 2013 and 2017.

Decoupling from macro market movements and the U.S. dollar, Bitcoin is once again looking like the gold alternative that investors want — all while altcoins slip away.

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With “Uptober” still only in its second full week, Cointelegraph takes a look at what might lie in store for BTC price action over the coming days.

Altcoins lag ahead of “Bitcoin season”

Things are looking rosy as the week begins for Bitcoin traders — last week’s four-month highs are back and beaten.

With

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