Bitcoin ($BTC) To $60K? Whales Accumulation Continues Amid New 5-Month High

Bitcoin ($BTC) breached the $56K price barrier for the first time in five months and currently trading at $56,500. The top cryptocurrency began October on a bullish note with its price recovering the majority of losses from September in the first week, and now looks set to breach $60K next. $BTC has been quite consistent in October and just a bullish rally away from breaching its ATH of $63,683.