Bitcoin officially hits new all-time high of over $ 65,000

Bitcoin (BTC) price has hit a new all-time high in US dollars as the long awaited rally drives the BTC / USD pair to price discovery.

BTC / USD (Coinbase) 1-hour candlestick chart. Source: TradingView

Bitcoin back in pricing

Data from Cointelegraph Markets Pro and TradingView showed that Bitcoin broke the April high of $ 64,900.

On the second trading day of the popular Exchange Traded Fund (ETF) from ProShares “Bitcoin Strategy”, the price of BTC / USD rose again ahead of the United States opening, a practice that has shaped the pair for the past few days.

Bitcoin officially hits new all-time high of over $ 65,000
Bitcoin officially hits new all-time high of over $ 65,000

The world’s best-known names celebrate Bitcoin on social media.

â ???? The corridors of eternity echo with the screams of those who sold their bitcoinsâ ????,TO commentedMicroStrategy CEO Michael Saylor.

Bitcoin has already seen all-time highs against several major fiat currencies, including the euro, this week.

As Cointelegraph reported, expectations remain that even higher levels will be reached in the coming weeks and months. interspersed with short corrections to establish new levels of support.

The highest short-term projections are currently at $ 300,000 per bitcoin.

We are in the full “bitcoin season”

Several dates support the idea that the moment Bitcoin is supposed to shine will precede Altcoins. who continue to suffer from BTC.

Bitcoin’s market capitalization is at its highest level since May (47.4%, according to CoinMarketCap records), and the most famous traders had already warned against it Now was not the time to focus on an altcoin wallet.

Current estimates suggest that the first half of 2022 should lead to a change in altcoin revenues.

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