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| URL | https://finance.yahoo.com/video/bitcoin-prices-rise-over-66k-153828669.html | |||||||||
| Last Crawled | 2026-04-21 14:31:34 (2 days ago) | |||||||||
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| Meta Title | Bitcoin prices rise over $66k level | |||||||||
| Meta Description | Bitcoin (BTC-USD) prices are surging, climbing above the $66,000 level in Friday morning's trading session— marking one of its largest gains ever recorded in September. Yahoo Finance markets and data editor Jared Blikre analyzes Bitcoin's price jump, examining how the upcoming period typically tends to be the most bullish for the cryptocurrency. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith | |||||||||
| Meta Canonical | null | |||||||||
| Boilerpipe Text | Bitcoin (
BTC-USD
) prices are surging, climbing above the $66,000 level in Friday morning's trading session— marking one of its largest gains ever recorded in September. Yahoo Finance markets and data editor
Jared Blikre
analyzes Bitcoin's price jump, examining how the upcoming period typically tends to be the most bullish for the cryptocurrency.
For more expert insight and the latest market action, click
here
to watch this full episode of Catalysts.
This post was written by
Angel Smith
MSG_NO_NEWS | |||||||||
| Markdown | SOMETHING\_WENT\_WRONG
[SKIP\_TO\_NAVIGATION](https://finance.yahoo.com/video/bitcoin-prices-rise-over-66k-153828669.html#navigation-container) [SKIP\_NAVIGATION](https://finance.yahoo.com/video/bitcoin-prices-rise-over-66k-153828669.html#nimbus-app) [SKIP\_DOCK](https://finance.yahoo.com/video/bitcoin-prices-rise-over-66k-153828669.html#right-rail)
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[](https://finance.yahoo.com/ "Yahoo Finance Video")
# Bitcoin prices rise over \$66k level
[](https://finance.yahoo.com/author/yahoo--finance)
[Yahoo Finance](https://finance.yahoo.com/author/yahoo--finance)
September 27, 2024
Bitcoin ([BTC-USD](https://finance.yahoo.com/quote/BTC-USD)) prices are surging, climbing above the \$66,000 level in Friday morning's trading session— marking one of its largest gains ever recorded in September. Yahoo Finance markets and data editor [Jared Blikre](https://www.yahoo.com/author/jared-blikre/?.tsrc=fin-srch) analyzes Bitcoin's price jump, examining how the upcoming period typically tends to be the most bullish for the cryptocurrency.
For more expert insight and the latest market action, click [here](https://finance.yahoo.com/video/investors-eye-pce-costco-shares-113008963.html) to watch this full episode of Catalysts.
*This post was written by* [*Angel Smith*](https://www.yahoo.com/author/angel-smith/)
VIDEO\_TRANSCRIPT
00:00 Speaker A
Bitcoin has been on the move. It's actually back above \$66,000 today, the cryptocurrency having one of its best Septembers ever. Yahoo Finance's Jared Blikre is here now with a closer look at that performance, Jared.
00:14 Jared Blikre
Thank you, Shauna. You know, September is turning out to be a pretty good month and historically, that hasn't been the case. So, I always pay attention when uh, an asset price like Bitcoin or whatever, is bucking seasonality and that's what we're seeing this year. Now, here are all the Septembers for Bitcoin going back to 2012. You're going to see that's the biggest candle on the chart right now. What was happening back then? Well, that was the announcement of QE3. That was a huge risk on move for the markets and a very uh, big deal for, uh, I guess monetary policy and global risk markets. So, I've also charted what happened this year with respect to Bitcoin and what happens with respect to the median, and you're going to see we are entering one of the most seasonally bullish times of year. Now, I just said we're bucking seasonality, um, and clearly we are expecting higher prices, but sometimes you pull forward demand. So, I would be careful like, maybe heading into the election, we might see a spike higher into that, and we'll just have to adjust accordingly. I want to close with, uh, just charting the price of Bitcoin here. I pointed this out, uh, right after the bell. This is today's price action, here's a year-to-date chart, and it's worth doing one more time. We are just breaking out of this negative trend channel right here to the upside. Beware for false breakouts, uh, both to the upside and downside. Bitcoin is famous for that. But in the longer-term context, and here's a five-year chart, or let's put a three. There's a five-year chart. This is simply a bull flag and, uh, looks like we finally might be able to break through the upside. If we don't, probably just going to test the lower end of that range.
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| Readable Markdown | Bitcoin ([BTC-USD](https://finance.yahoo.com/quote/BTC-USD)) prices are surging, climbing above the \$66,000 level in Friday morning's trading session— marking one of its largest gains ever recorded in September. Yahoo Finance markets and data editor [Jared Blikre](https://www.yahoo.com/author/jared-blikre/?.tsrc=fin-srch) analyzes Bitcoin's price jump, examining how the upcoming period typically tends to be the most bullish for the cryptocurrency.
For more expert insight and the latest market action, click [here](https://finance.yahoo.com/video/investors-eye-pce-costco-shares-113008963.html) to watch this full episode of Catalysts.
*This post was written by* [*Angel Smith*](https://www.yahoo.com/author/angel-smith/) | |||||||||
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| Publish Time | 2024-09-27 15:38:28 (1 year ago) | |||||||||
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