Bitcoin prices (BTC) re-adorn the headlines at major media outlets, revisiting forgotten memories of Buble Crypto 2017, where the meteoric rise of Bitcoin captures world interest and brings it to the highest level of all time, namely $ 19,665
And only last week, the $ 10,000 level was touched back by Bitcoin - the last time a price point was created that created a widespread FOMO and caused investors to flock to the crypto market.
After the latest level is formed, the monthly price chart of Bitcoin forms a "Three White Soldiers" candlestick formation which usually signals a strong reversal (Reversal) of financial assets.
But Bitcoin is not an ordinary financial asset, and this reversal of the Bitcoin trend is probably the strongest that humanity will ever witness, according to one of the most famous crypto analysts on Twitter, Galaxy.
Josh Rager, a leading cryptocurrency analyst, said that the monthly BTC chart was very bullish and prices would definitely soar higher.
Many people now realize that Bitcoin is the fastest-rising asset in human history, compared to other assets.
Yes of course it would definitely jump higher. In just 1month it already surpassed the $10k barrier and now at the price of $12k. Such a huge spike we experienced in Bitcoin currency pricing and it seems to go further.
Many people surprise with bitcoin moves because some of them have desperate to wait for a long time to see bitcoin can increase. I am sure now they are making a profit, and they are slow to recover their losses before. And if they can be patient for more, I am sure they will see the price will jump to the highest price like before and that means, they can be able to make a bigger profit.