Earlier today, on October 13, the Bitcoin price achieved a new all-time high for the third time in the past two days, briefly surging to $5,920.
But, subsequent to achieving the new all-time high, the Bitcoin price experienced a minor correction, likely caused by the sudden surge in the price of Bitcoin in the past two days, from $4,500 to $5,920.
Analysts including long-time Bitcoin investor Tuur Demeester, Trace Mayer, and Samson Mow are looking ahead toward $6,000, expecting yet another strong rally from Bitcoin to emerge in the next few days.
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Bitcoin Price Briefly Hits $5,920 Before Minor Correction; Factors For Another Rally
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