After taking a well-deserved breather around $90k, Bitcoin has resumed its run to $100k. Although some were saying last week that $93k was the local top and Bitcoin was going back to the 70s, it was clear to us that Bitcoin was not done. The strength in Bitcoin was simply too strong. Every little downturn was rebounding quickly, and Bitcoin reached a point where it was simply ignoring the small downtrend we had in the stock market and was slowly climbing back to $93k. Here we are a few days later with our Bitcoin in hand at a new ATH around $98k, which is only a few thousand dollars away from the magical mark of $100k.
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