3 reasons why traders expect Bitcoin to retake $60K before November

The cryptocurrency market saw a boost in sentiment after the price of (BTC) surged above $58,000 in a long-awaited move that rejuvenated traders who have been anxiously waiting for a resumption of the uptrend.

Here’s a look at what analysts and traders are saying about Nov. 29’s price action and whether or not Bitcoin is likely to reclaim the $60,000 level.