Just-In: Bitcoin Crosses $108,000 For the First Time Ever

As a seasoned crypto investor with over a decade of experience in this rollercoaster market, I can’t help but feel a sense of exhilaration witnessing Bitcoin‘s relentless surge to new heights. The journey has been nothing short of a wild ride, from the depths of despair during the 2018 bear market to the euphoria of this current bull run.

The price of Bitcoin (BTC) has made history once again. For the umpteenth time this year, the premier coin jumped to an All-Time High (ATH) above $108,000, the first leap in its more than 15-year history. Per current market trend, Bitcoin price soared as high as $108,268.44, jumping by over 1.5% in 24 hours.

Bitcoin Steady Surge, What To Expect Next

This week, the price of Bitcoin surpassed $107,000, outdoing its previous records. Over the last twelve months, the coin has shown an intriguing pattern in its price fluctuations, rising from a 52-week low of around $38,521 to where it is now.

As an analyst, I’m observing that according to many market experts, the current trend suggests a phase of price exploration for the coin. Although the future remains unpredictable, some forecasts indicate potential heights of up to $200,000 during this prolonged bullish market cycle.

This is a developing story, please check back for updates!!!

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2024-12-17 18:29