Up or down? Bitcoin (BTC) price prediction for October

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Bitcoin (BTC) price gained 2.4% yesterday to clear the short-term resistance at $10,500. The buyers have extended their weekly gains today by recording a 3-week high above the $11k mark. Fundamental analysis: CBDC plans accelerated Reuters reports that a group of seven central banks met today to discuss a potential roll-out of central bank digital currency (CBDC) in the future. The aim of the meeting, which is being coordinated by the Bank for International Settlements, is to see how digital currencies could function. On the other hand, it seems that Japan currently has no plans to roll out a CBDC.

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