Yesterday, Bitcoin has reached $18,000, which is close to the previous 2017 ATH. It shows the importance of Bitcoin after ATH in 2017, then suddenly collapsed, and is now back to catch up and even surpass its ATH. Bitcoin is indeed valuable, and the demand for it continues to grow. Some large companies are now adopting and allowing the buying and selling of cryptocurrencies like Paypal and Square. Now, not only big companies but also millionaires want to buy and use cryptocurrency. I think nothing can stop the continued growth of Bitcoin adoption.
The sudden price spike can be largely attributed to Bitcoin's massive rebound this year. The digital token grew 160% year-on-year, and its trading price on Monday was approximately $18,632, close to a three-year high.
[/quoteThe recent growth of altcoins has not been as fast as in 2017. Many people talked about the 4-year bull market cycle, and it seems that this is still the beginning of the next big bull market trend. When the price of Bitcoin is very stable, this may be a signal for Bitcoin traders to send out alternative currencies I have watched it many times.]