Paulelmo's Blog

Bitcoin sets record high; could today be the day it tops $20,000?

Bitcoin Market Is Looking 'Like Early 2016'—Just Before The Bitcoin Price  Exploded

After setting its record high of $19,850 yesterday, bitcoin fell back to the mid-$18,000 range, before topping $19K again early this morning. Currently standing at $19,758, today could very well be the day that the asset reaches the $20,000 per coin summit.

With a current market cap of more than $360 billion, believers feel certain that this is just the next plateau on a path to much greater heights. I’ll be watching it today, and I’ll touch base if it indeed does make the threshold. I’m also drafting a post that details why the asset is going to retain a lot more of this value than it did during the bubble of 2017.

Exciting stuff, my friends, and I feel fortunate to be part of it.

We’ll talk soon. Be well.

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