The Bitcoin/USD pair is making headlines as it traded at $64,351 on Monday, October 7th, reflecting an increase of $1,450, or 2.31 percent, from the previous trading session. This impressive performance marks a robust 17.14 percent increase over the past four weeks.
Looking further back, Bitcoin's price has surged 130.47 percent over the last 12 months, drawing attention from investors and analysts alike.
In terms of future outlook, projections suggest that Bitcoin will be priced at approximately $59,512 by the end of this quarter and is expected to settle around $48,164 in a year, based on comprehensive global macro models and analysts' expectations.