The Bitcoin Time Machine: A Journey to $100K
Bitcoin peaked to the all time high, making a high of $93,265 according to Binance Exchange.
This bull run was much more exciting and there are many investors who did not expected such kind of bullish move for Bitcoin.
According to experts, they stated around eight to nine months ago that this bull run will be a kind of change than previous ones because you will see many exciting things and unbelievable actions that will happen.
The same happened. We see Bitcoin rising from 67,000 to 93,000 in just couple of weeks and without taking any correction.
Investors remained with the cash in the crypto market and they were waiting for the Bitcoin correction and waiting for the price towards 50,000.
That never happened and Bitcoin peaked to its all time high and even crosses and reaches the level of 93,000.
Another antique thing which I find in this bull run that the only crypto coin which shows a bullish momentum is Bitcoin.
No any altcoin show such a good momentum even after Bitcoin making another all time high.
To be honest, crypto coins like Hive and other altcoins must be at its all time high after Bitcoin reaching making another all time high.
What makes me strange that Hive is still at 0.22 cent, near to its all time low after even after Bitcoin is close to dollar 100K.
This is not just the case with Hive.
Also many other crypto coins are suffering from lag and they are even closer to their all time low.
Maybe altcoin season will come soon after the drop of Bitcoin dominance.
I hope Bitcoin will reach $100K by the end of this year and then we may see an altcoin season.
THANK YOU!
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