Bitcoin Price Hits $65,000, Effects of #Uptober?

Bitcoin price is up and reaching over $65,000. Is this increase because #Uptober is coming or is it just a coincidence and BTC price will go down again tomorrow? Check out the explanation in this article.

Yesterday, Bitcoin received a prediction that its price would increase, today this prediction came true. Bitcoin Price rose to a level of more than $65,000 today.

Is it true that the increase in BTC prices is because #Uptober has come as predicted? Or will this price increase only last today and will decline again tomorrow?

Check out the detailed explanation by reading this article to the end.

Bitcoin Price Chart Today

After Bitcoin experienced a continuous decline in price for a long time, today Bitcoin finally penetrated the $65,710 level with an increase of +2.46%. In fact, within 24 hours, Bitcoin reached its highest price of $66,499.

You can see a screenshot of the Bitcoin price chart above taken from the Bitrue market. The BTC RSI indicator reached 65, which is a good number in the buying trend because it is more dominant than the selling trend. However, this dominance is still within reasonable limits, not overbought.

The MACD line is clearly visible rising. The two lines also have a clear distance so that the bullish trend will come soon.

So, we can be optimistic that today's Bitcoin price increase is the beginning of BTC's bullishness until the end of 2024. In fact, it is predicted that it will experience a price increase until 2025 based on its performance cycle in the last 4 years.

Bitcoin Dominance in the Crypto Market

Bitcoin has indeed become the dominant coin in the crypto market. With today's price increase, BTC dominance is at 58.04. This dominance figure is indeed relatively high, but has decreased by 0.06%.

The price of Bitcoin is like the price of other crypto tokens which experience price fluctuations every day. However, it cannot be denied that Bitcoin has had a fantastic price increase since its first appearance.

Larry Fink, CEO of Blackrock, even stated that Bitcoin could be considered a quality investment asset that could compete with gold.

Bitcoin, which has penetrated the investment stock market, is also increasingly recording major achievements. Bitcoin ETF inflows reached $23 billion and are predicted to continue experiencing significant growth in the future.

Conclusion: the Rising of BTC Price and #Uptober Optimism

#Uptober 2024 seems to be weakening in its presence. Moreover, there are many factors that make the arrival of this annual tradition seem late or even absent this year. However, today's Bitcoin price increase is good news and makes the crypto community optimistic about the presence of #Uptober.

#Uptober is predicted to come in mid-October around October 17/18. If the price of Bitcoin remains at $65,500, it means that #Uptober has really come.

For those of you who want to know about #Uptober developments, Bitcoin prices, and the condition of other coins in the crypto ecosystem, the Bitrue website is the answer. You can access the Bitrue website every day wherever you are for free.

Do a price check BTC to USD, BTC to USDT, and against the prices of other crypto tokens as a comparison. You can easily use all the features on Bitrue to do independent research before deciding to buy BTC coins or other crypto tokens.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

Instituto Cervantes’ Film Fest PELÍCULA Ends with More than 6,000 Viewers

Wazzup Pilipinas!?




The 23rd edition of the PELÍCULA>Pelikula Spanish Film Festival, organized by Instituto Cervantes de Manila, concluded successfully after a dynamic week of Spanish and Latin American cinema at the Red Carpet Cinemas, Shangri-La Plaza. With over 6,000 attendees, the festival ran from October 5 to 13, 2024, offering a rich selection of different kinds of films and events that captivated the Filipino viewers.

The closing weekend saw strong audience engagement, with back-to-back full-house screenings. The Festival wrapped up on 13 October with the awarding of the Premio del Público (Audience Choice Award), which went to Dani de la Orden's Casa en llamas (2024). The film, a dark comedy about a woman’s determined yet chaotic attempt to reunite her family, captured viewers' hearts. The movie has made waves in the cinematic world, bagging several national awards and becoming the highest-grossing Catalan film of all time. The recognition that this film has received underscores the importance of supporting and promoting such works, as they reflect the cultural mosaic of Spain and highlight the unique narratives that each region brings to the cinematic landscape.

Several other films garnered significant audience support and were recognized as runner-ups, including El maestro que prometió el mar, Loli Tormenta, La llegada, Cerrar los ojos, Robot Dreams, Te estoy amando locamente, Puan, Pacarrete, and La estrella azul. Each film added depth to the festival’s lineup, reflecting the diverse stories and perspectives from Spain and Latin America.

On the last day of PELÍCULA, the Festival organisers also celebrated the success of its En Corto series, a space for cultural interaction, where local filmmaker Kyla Romero presented her short film Transients alongside her cast and crew. This series offered a platform for short films that picture different facets of the human experience. Included in the line up were: Aunque es de noche by Guillermo García López (Spain), Primetime Nother by Sonny Calvento (Philippines), and La sixtina by Juan Camilo Fonnegra (Colombia).

As the festival concludes with the publication of the official Closing video (https://www.youtube.com/watch?v=enLb-3pGITM), audiences can look forward to the 24th edition of PELÍCULA>PELIKULA, scheduled for the first week of October 2025, continuing its tradition of showcasing the best in Spanish and Latin American cinema.

The 23rd edition of PELÍCULA>PELIKULA has been presented by Instituto Cervantes de Manila, Embajada de España en Filipinas, Shangri-La Plaza, and Red Carpet Cinemas. The festival has been held in collaboration with MTRCB, the Film Development Council of the Philippines, Teatro Real, Embajada Argentina en Filipinas, Embassy of Brazil in Manila, Embajada de Colombia en Filipinas, University of the Philippines Film Institute, De La Salle - College of Saint Benilde, CMB Film Services Inc., University of the Philippines Department of European Languages, Far Eastern University - Institute of Arts and Science, Ateneo de Manila University - Modern Languages, Meridian International College, CIIT College of Arts and Technology, Mapua University School of Media Studies, i-Academy Makati, Asia Pacific Film Institute, Kinoise PH, and SINEGANG PH. The Festival is proudly sponsored by Philippine Transmarine Carriers, Inc., Arthaland, Ayala Corporation, BOYSEN, Fundador, Terminal Six, and Barcino.

For further information on Instituto Cervantes’ activities, please visit the Instituto Cervantes de Manila website at https://manila.cervantes.es or follow Instituto Cervantes on Facebook at www.facebook.com/InstitutoCervantesManila

MPT South teams up with LRMC Plant for Life at Ipo Watershed

Wazzup Pilipinas!?

As part of its commitment to environmental sustainability, Metro Pacific Tollways South (MPT South), a subsidiary of Metro Pacific Tollways Corporation (MPTC), participated in the Plant for Life: Tree Planting Activity organized by Maynilad Water Services Inc. in partnership with Bantay Gubat of Ipo Watershed on September 27, 2024.

The event focused on the reforestation of the vital Ipo Watershed in Bulacan, which plays a crucial role in the water supply for Metro Manila and other parts of Cavite. MPT South, along with Light Rail Manila Corporation (LRMC) employees and volunteers, planted a total of 800 native tree seedlings in this collective effort. This is a part of Maynilad's 2024 environmental target, which seeks to plant 220,000 trees across 660 hectares of forested land.

Arlette V. Capistrano, Vice President for Communication and Stakeholder Management of MPT South, stated, “It is an honor to help Mother Nature thrive alongside our kapatids of LMRC. Together, we can do more in protecting our environment and strengthening the consciousness of our teams that what we do is for the good of our future generation.”

MPT South’s involvement in the Plant for Life Tree Planting Activity is part of the company’s broader commitment to environmental sustainability. Through initiatives like tree planting, the company hopes to foster a culture of sustainability and inspire communities to join the mission of protecting and preserving the environment.

MPT South is a subsidiary of Metro Pacific Tollways Corporation (MPTC), the infrastructure arm of Metro Pacific Investments Corporation (MPIC). Aside from the CALAX and CAVITEX network of toll roads, MPTC’s domestic portfolio includes the concessions for the North Luzon Expressway (NLEX), the NLEX Connector Road, the Subic-Clark-Tarlac Expressway (SCTEX), and the Cebu-Cordova Link Expressway (CCLEX) in Cebu.