Bitcoin (BTC) price closed the week trading above a crucial support level of around $58k, despite encountering significant resistance between $60k and $61k.
The flagship cryptocurrency signaled a potential bullish recovery after experiencing a bearish correction for the past six months.
Historically, the fourth quarter is one of the most bullish periods for Bitcoin, adding optimism for a potential increase.
However, the upcoming FED's interest rate decision could play a pivotal role in igniting this potential bull run.
