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

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© Reuters.

(BTC) is in 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.

1-day candle chart (Bitstamp). Source: TradingView
Bitcoin daily transaction volume chart. Source: Kevin Rooke/Twitter
GBTC Premium chart. Source: Bybt
Crypto Fear & Greed Index as of Oct. 11. Source: Alternative.me