Bitcoin is on the rise again! 🚀 It has soared $2,500 in the last hour to reach almost $68,000, a multi-month high. This has fueled speculation that October will be a bullish month for the cryptocurrency.

CryptoPotato reported today that the largest digital asset reached $66,500, which was a three-week high. After a short stagnation and correction, the bulls took over again, and the price rose to $67,950.

It is worth noting that Bitcoin was below $58,000 last week, but has gained almost $10,000 in less than a week. Data from CoinGlass shows that more than $260 million has been liquidated in the last 24 hours, with short positions suffering the most.

Analysts predict that the bull market is just beginning.