**Bitcoin Surges Amid Market Volatility**

Bitcoin (BTC) has seen a notable surge, jumping 7.75% from its recent low of $59,815 on October 3 to a monthly high of $64,448 on October 7. This bullish trend follows a brief dip below the 200-day EMA, with a swift recovery pushing prices higher.

Key highlights:

- Bitcoin dropped 8.8% between September 30 and October 4, testing the $60,000 level.

- Crypto analyst Jelle notes a bullish pattern, with a higher low now "locked in."

- Titan of Crypto points to an upcoming golden cross, historically leading to significant rallies.

Despite the recent recovery, Bitcoin is down 2.87% over the past week, potentially linked to fluctuations in the stablecoin market cap. Analysts suggest that changes in stablecoin supply can impact Bitcoin's liquidity and price movements.

For now, Bitcoin eyes a crucial daily close above $64,000, which could signal continued momentum. Traders are watching closely as BTC navigates the supply zone of $64,130-$63,300.