Bitcoin Breaches Its All-Time High, But There’s Plenty More To Go
Bitcoin, perched atop the clouds, looks up at the moon with conviction.Summary Of The WeekIt isn’t every week that bitcoin sets a new all-time high, so this week was filled with celebration, especially as the first two bitcoin ETFs in the U.S. launched, sending retail investors into a buying frenzy as the green candles continue. With inflation in some of the world’s biggest economies on a rise, economies struggling to overcome the burden caused by the COVID-19 pandemic and the continuing noise from the money-printers in central banks across the world, bitcoin is poised to break out even....
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Here's a look at what we are focusing on in the bitcoin price this evening. After this morning’s brief correction, it looks as though things are getting back on track in the bitcoin price. There’s been plenty of volume, so we’re not going to see any action that’s too choppy, and there’s been some decent momentum around to get out levels outlined. We’re not going to do too much rambling this evening. Generally, we discuss a little about how action played out today, but to be honest, there’s not that much to say. After this morning’s dip we saw a bounce to the upside, and this peaked out at....
Bitcoin breached $55,000 for the first time since May — is a new all-time high coming soon?