Bitcoin has risen to $116,730.59, marking a 3.22% intraday increase, with a market capitalization of $2.32 trillion and a daily trading volume of $62.54 billion. Historically, Bitcoin has seen price increases in 10 of the past 12 Octobers, leading to speculation about further gains in the coming months. The current RSI of 58.96 suggests strong bullish momentum without overbought conditions. Immediate resistance is noted at $120,000, with potential targets ranging from $125,000 to $150,000 if the upward trend persists.