It is truly amazing what has been happening to Bitcoin in the last few weeks but especially in the last 24 hours! It is as if someone had winded up and suddenly released him, breaking through the $ 17,000 euro and finally the $ 18,000 euro in a few hours! Here there is no longer a strategy, a chart to follow, a news in particular ... The only suitable word in this case is FOMO!
That upward mechanism was triggered that reminds me of the emotions of 2017, although in those moments personally I was at the beginning and I didn't understand much about what was happening but I remember the dark moment just as well, that Bear Run that seemed to never want to stop its down to $ 3000.
A period that lasted many months, in which we have always stayed here to write about how sooner or later Bitcoin would start the engines again because it is a technological revolution that cannot be ignored forever. And then one lifts them up with a few jolts here and there. In the meantime, Bitcoin has matured and has become more scalable and secure and the idea of a digital gold reserve still seems to attract new investors, institutional ones.
Bitcoin thus returns to $ 10,000, maintains support, or rather strengthens it. There is halving, one more reason to consider Bitcoin a rare currency, an object of value to be kept in your wallet because inflation in the world advances, money is printed without limits, losing value.
Bitcoin in October breaks through the barrier of $ 15,000 and we are increasingly convinced that we are now in Bullrun and within a few days we return to values that have not been seen since December 2017 and emotions grow more and more like the price of the cryptocurrency that arrives today to touch nearly $ 18,500.
Wow! It seems like the commentary of a match that lasted 3 years and is not over yet. Now the price has returned to $ 17500, Bitcoin has gone too far and is out of breath. It's time to take some refreshment and aim for $ 20,000, a goal that is really too close to miss and will mark a new all-time record.
At this point the launch base will be built towards uncharted territories. Target success could be $ 50,000 or $ 100,000. Who knows? What is certain is that Bitcoin is now ripe to face any barrier from institutions and from the people themselves. It is no longer a bubble, as it was defined in 2017 but it is a new technology that will bring benefits in many sectors, together with the whole crypto world