Bitcoin price prediction: can $83,576 be reached by the month's close?

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin stands at $80,283 at midday on Monday, 3.9 percent below October's open of $83,576. Five trading days remain until the month closes on Saturday, and the Fed rate decision sits in the middle of them.On the record: Bitcoin stands at $80,283 at midday on Monday, October opened at $83,576, and $3,293 to the upside are missing with the month closing on Saturday. Our own reading follows further down: the arguments for and against a green monthly balance sit in the editorial assessment section. October 31 is a Saturday. That sounds like a side note, but it settles which closing price the month enters into every statistic investors will read in November. Where the price can point on a horizon of months is set out in our Bitcoin price prediction. This article answers the narrower question: what would have to happen in the five remaining trading days for October not to end as a losing month. Where things stand: $80,283 and 3.9 percent from the monthly open Bitcoin trades at $80,28...