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Bitcoin (BTC) New ATH: Large Crypto to Hit Level Unseen Since 2021
In a stunning turn of events, the price of Bitcoin (BTC) has skyrocketed, reaching an all-time high unseen since 2021. This remarkable feat is not just a fluke; it seems that the current market trends indicate a new era for crypto enthusiasts and investors alike.
According to Checkmate, a pseudonymous cryptocurrency analyst with a massive following, this upward trajectory is unlikely to slow down anytime soon. The analyst emphasizes that this ATH marks a crucial turning point in the market, signaling a long-term trend of growth for Bitcoin (BTC).
The price of 1 Bitcoin (BTC) now equals 32.72 ounces of Gold (XAU). In less than a year, the metric has increased by an astonishing 50%. The growing popularity of Gold as a safe haven asset contributes to this surge.
Despite some uncertainty regarding the global geopolitical climate, Checkmate’s prediction suggests that we are at the very beginning of the new bull cycle.
Source: u.today
