Today was an historic day for Bitcoin, as it broke through the $50,000 barrier for the first time.
Back at peak of the 2017 bull market, when Bitcoin hit $20,000, there were those who were calling for an imminent surge to 50k. Instead, the market dipped and BTC retraced all the way back to $3,200. Now for those who held, and kept the faith, the day has finally arrived. $50,000 Bitcoin has turned from a dream into reality. The next dream... 100k. It may arrive faster than many think. That's my opinion anyway. From there... Bitcoin to the Moon! image source
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While many celebrities have been jumping on the Bitcoin bandwagon recently, Lindsay Lohan nailed it with her, 'bitcoin to the moon' tweet. After all, a bandwagon won't get you to where Bitcoin is going, but a rocket will.
I concur with Lindsay. Bitcoin to the Moon! Bitcoin smashed yet another all time high today, as the price skyrocketed on the news of Elon Musk, through Tesla, acquiring 1.5 Billion worth of BTC.
37k quickly became 42k, and by the time you tweeted out this new milestone, 43k and 44k were surpassed, with a final peak of $44,801. While this is big news, I believe that it is only the beginning of what we are going to witness in 2021. New BTC all time highs will continue to be the norm, as one by one, the big end of town add Bitcoin to their company balance sheet. Bitcoin to the Moon! image source |
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