Bitcoin (BTC) has been unstoppable since breaking $70,000, hitting new ATHs almost every day. Today, it exceeded $80,000 and hit a new ATH of $80,849. After hitting the new ATH, it fell a little with the correction and is currently trading at $79,457. It signals that it will continue to discover new highs.
Bitcoin's rise has also been a doping for altcoins, and while the money inflow to altcoins is increasing, Bitcoin exceeding $80,000 is increasing the rally signals even more. Although it has fallen a little, it still maintains its upward trend and signals that it can move higher. I am still very optimistic and believe it can go even higher and I wonder if it can hit $100,000 this year. I think some altcoins, especially STEEM, are still very cheap, so I follow altcoins closely, I think we may see a very strong altcoin season soon. We'll wait and see.
This is not investment advice, please do your own research before investing.
