Nine years ago, when Bitcoin was valued at $400, an article titled "R.I.P. Bitcoin. It's time to move on" declared the end of Bitcoin. However, Bitcoin has proven this prediction wrong, reaching an all-time high of $108,268 last December. Bitcoin's journey has been fueled by increasing adoption, institutional interest, and recognition of its potential as a store of value. Currently trading above $103,000, Bitcoin remains bullish with support at $89,000 and resistance just below $98,000. Despite recent corrections, demand for Bitcoin remains relatively robust.



Other News from Today