Bitcoin has been attempting another ATH today and she's giving it everything. A few weeks ago Bitcoin hit a record breaking $103,525, giving Bitcoin its best ever peformance. Since then it has corrected and then consolidated. For the past week it has started to move vertically again and has been hanging around the $100k mark.
Bitcoin has been facing some serious resistance at the $102k line but it does appear to have now smashed through it. Right now it is trading at just under $103k as you can see. In the past few days Bitcoin really has gathered a momentum again and it does appear that it might be trying to reach for yet another new all time high.
Take a look at the 7 day trading graph and you can see that Bitcoin has made a good recovery from the start of the week. It then went into trading sideways for a day or two but now it's climbing again.
So can she do it? Can Bitcoin find the energy again to break through that ATH of $103,500 and impress us once more? Bitcoin performance since the US presidential election has been incredibly strong and it just keeps on moving. Let's all do our happy dances and send as much positivity into the crypto universe as we can.
When's the next ATH? I dare not answer that question but I'm feeling confident.
Peace!