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Trader Nicholas Merten claims that bitcoin will "inevitably exceed" $65 thousand and will update the historical maximum, which was set in mid-April. According to him, most market participants are confident that the bear market is over and the first cryptocurrency is in an uptrend. Merten predicted that in November 2022, the capitalization of bitcoin will reach $ 4 trillion. In this case, the value of the cryptocurrency will exceed $ 200 thousand. With the most optimistic development of events, bitcoin can show a yield of 250% before November next year, the trader believes. On the night of October 20, the bitcoin price peaked from mid-April at around $64.4 thousand. During the day, the first cryptocurrency rose in price by 3%, and its capitalization increased to $ 1.2 trillion, according to CoinGecko. Since the beginning of October, the bitcoin exchange rate has increased by 57%. #CryptoTrading

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