Quote from: Kayeshlyn on October 26, 2022, 05:39:24 AM

Bitcoin has finally managed to surpass the psychological barrier, which is currently at US$ 20,000 more, after sticking to a price range of roughly US$ 19,000 for more than a month.

Is this the most recent proof that different nations have accepted Bitcoin as a financial product?

I do not see any kind of relationship between those two concepts, bitcoin is above 20k but just barely, the price could always go below that level if it remains as close as it is right now for a long time, so it is too soon to think that we are somehow seeing a monumental change in the overall trend bitcoin has been during the last months, with this in mind it is better to tone down our enthusiasm and see if bitcoin can remain above that price and put even more distance between its price and such an important support level.