The other day, Bitcoin made history. The king coin started fresh in the morning from around $19,300 and managed to break the ATH of $20k. Then BTC smashed through $21k and $22k, and now, it passed $23k as well.
This is the moment that the crypto space and investors have been expecting for more than three years.
Here’s Binance’s CZ post:
The hype is extreme on Twitter.
Everyone’s celebrating what’s happening, but people don’t know how long BTC can surge like this before a healthy correction kicks in.
After BTC broke $20k, massive FOMO kicked in
This bull run is completely different from the one back in 2017 because now there is massive institutional money involved.
The gate through $20k opened up massive opportunities and brought Bitcoin into the mainstream like never before. FOMO kicked in all over the world.
The other day, we were addressing a new survey from Bitcoin and altcoin cloud mining firm Genesis Mining, and it shows a significant lack of consensus on where the price of BTC will be in 2030.
“About 25% of those questioned believe BTC will be above $40,000 by 2030, while about 63% believe it will be $30,000 or below. Here’s a look at the breakdown,” according to the notes.
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