Bitcoin surges above $20K after 6% BTC rally gains steam ahead of the monthly close

Bitcoin (BTC) swiftly climbed above $20,000 after the Sept. 30 Wall Street open as end-of-month volatility began. 

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Bitcoin volatility back for monthly close

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in a single hourly candle to hit local highs of $20,171 on Bitstamp.

The move followed predictions from traders, who were looking for slightly higher levels to precede a fresh downside move.

“Moving my…

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