The outgoing week was full of bright events - after the statement of the head of China, digital gold suddenly returned to September levels, trading volumes on Bakkt reached a historic high, and Ethereum developers decided on the date of the Istanbul hard fork.
Retest marks $10,000
Unexpectedly for many on the night of October 26, the price of bitcoin rose by almost 40%, reaching the September marks.
https://i.redd.it/phe05t4y4bv31.jpg
As can be seen on the chart, the upward movement of the price was supported by significant trading volumes. It was also finally passed the milestone in the form of a moving average with a period of 200, for a long time acting as a resistance. This line runs just below the $9000 mark and will probably now act as a support level.
It should be noted that the last time such a long way for a comparable period of time, the price passed only twice, back in 2010-2011.
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