Bitcoin (BTC) reached multi-day highs on Oct. 12, with markets reflecting last weekend’s short-lived bullish move.

BTC is up 1.5% on the day, approaching $63,500, according to Cointelegraph Markets Pro and TradingView data.

BTC made strong gains after testing the $60,000 support level during the Oct. 11 Wall Street trading session.

Despite U.S. inflation pressures, BTC is targeting $65,000.