To investors, Bitcoin almost broke the previous all-time high of $69,000 yesterday. It came within $500 and has since retreated from the milestone. Given the persistent demand for the digital currency, and the lack of new production in response to this increased demand, we should assume that bitcoin will hit a new all-time high price in the next few days.
What happened to the simplicity of 1 Bitcoin = 1 Bitcoin? 🙄
First time in history for bitcoin to reach an extra all-time high BEFORE the halving!
Pomp, how do define the ATH concept?
I mean, as long as drawdown=0 you are permanently in an ATH. Right?
And, having said that, there are plenty of occasions of ATH when this huge increase in price you talk about, has not happened. As 4 example un Apr/21.
Best
On my tradingview chart it got rejected right at the old ATH, I dont think we hit a new one but we are about to
There were shit lot of sell orders at the old ATH $69k