The price of Bitcoin BTC continues to reach and achieve record numbers that seemed to be difficult to achieve today, and have become a reality.
Bitcoin price reached $ 40,000 today, rejecting any correction and continuing its rapid rise.
Bitcoin price BTC crushes the $ 30,000 corridor in record time:
The price of Bitcoin BTC today hit a new record high, reaching $ 40,000.
What is one of the various achievements of Bitcoin this year, as the largest cryptocurrency beat a bearish forecast of a pullback after a rapid rally in the past 24 hours.
According to analyst Michael Van de Pope:
Markets are doing well and the bullish cycle starts well here.
This means that the market is likely to continue to operate heavily.
With a standard correction of 20-30%, be prepared, it happens at any time and brings with it a host of opportunities.
While Sui Shang, CEO of CF Benchmarks, commented that:
Less than a month after Bitcoin broke through and crossed the $ 20K level, Bitcoin's price doubled to $ 40,000.
It is hard for anyone now to deny that we are witnessing the maturation of a whole new asset class, and this could be the moment of broadband for cryptocurrencies, where every company and individual must seriously think about how they interact with and interact with cryptocurrencies.
Grayscale CEO Barry Silbert summed up what happened today by saying:
It's funny to think that a bitcoin price correction to $ 20,000 would look like a life-long buying opportunity.
Meanwhile, news of Bitcoin's successes has spread outside the cryptocurrency circles, making it on the radar of financial figures including "Holger Zschaepitz", a well-known financial commentator and regular contributor to German newsletter "Die Welt".
Crypto analyst Matti Greenspan said:
Charts only tell us the past and we are in a whole new territory.
This uptrend started at $ 10,000 and 10 times the previous all-time high appears to be the benchmark for a bitcoin rally.
So since we're approaching midway with extreme momentum, salient volumes and exceptional fundamentals, I see this as a stopping point on the road to Bitcoin's price that could be around $ 100k.