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Bitcoin Hits New All-Time High of $106K+ as Michael Saylor Indirectly Confirms New BTC Purchase
The price of Bitcoin has reached a new all-time high, surpassing the previous record of $105,000. The current trade price of #Bitcoin is $106,517 and this price level is 3.7% high over the last 24 hours period.
This surge in the market comes as Michael Saylor, the former CEO of MicroStrategy, indirectly confirmed that his business intelligence firm has purchased more Bitcoins at a price above $100k/BTC. This confirmation was made on social media, where he posted an image with himself and hinted that he will meet with Bitcoin haters on the moon.
Saylor’s tweet has been interpreted by many in the cryptocurrency community as a sign of increased demand for Bitcoin, which could lead to further price increases. The current market sentiment is optimistic about seeing a new big pump in Bitcoin price.
It is worth noting that an analysis shared by Titan of Crypto, a well-known crypto analyst, predicts that Bitcoin will hit $129,000 at the top of this cycle.
Bitcoin has recently been on an upward trajectory, and this latest surge takes the total gain to 76%.
Source: bitcoinik.com
