{"id":505000,"date":"2022-10-05T15:00:33","date_gmt":"2022-10-05T15:00:33","guid":{"rendered":"https:\/\/wncen.com\/?p=505000"},"modified":"2022-10-05T15:18:53","modified_gmt":"2022-10-05T15:18:53","slug":"bitcoin-price-soars-this-uptober-as-btc-barrels-past-20000","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-soars-this-uptober-as-btc-barrels-past-20000\/","title":{"rendered":"Bitcoin Price Soars This ‘Uptober’ As BTC Barrels Past $20,000"},"content":{"rendered":"
As Bitcoin passes $20,000, the market is expecting a strong October. The crypto is now trading between $19,712 and $20,479 at the time of writing.<\/p>\n
Since the crash of September 13 rattled the global financial system, this is the highest trading price BTC has reached.<\/p>\n
As BTC bulls have been trying to break through this resistance level for almost a month, the breaking of the $20k psychological barrier is a major event.<\/p>\n
To those looking to acquire Bitcoin or add to their existing holdings, however, the breakthrough may serve as a powerful buy signal.<\/p>\n
Perhaps this market uptick is what the cryptocurrency industry needs to end the crypto winter.<\/p>\n