When will we break $70k and just continue upwards?

in #bitcoin3 months ago

We have had a very interesting week, and Bitcoin has gone through its all time high from 2021, also in the value of USD. It actually reached a new all time high in Euro a few days before it reached all time high in Dollar, and the same was true about several other currencies.

But, then it was time for the Dollar to arrive, and thus we broke the all time high for Bitcoin in USD on March 5, before the market plunged and we saw a drop of more than 10% for Bitcoin in a matter of an hour. Then it got stronger once again, and yesterday, on March 8, we saw Bitcoin break 70k, before it once again fell back, but this time it only reach $66,5k, before it bounced back towards $68.

Bitcoin above 70,000.png

Now we are here looking at $68,000, and I am curious to see what will happen. Often the weekends come with lower volume and less things happening, so that often causes the price to slump a bit. But, then comes Monday morning and financial investors are back at work, and then the price is pushed upwards once again.

What do you expect? When will Bitcoin go through $70,000 and remain above it?

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