Bitcoin Hits Its Highest Price Since May
Currently Bitcoin is right under $43,000 after breaking it a short while ago
Bitcoin price blasts through $43K, hitting its highest price since May
Throughout the week, several analysts suggested that a rally higher was in the works because several indicators flashed bullish signals, including a cross-over between two moving averages that last appeared before the 2020 bull market and metrics that showed significant accumulation being driven by whales and retail investors.
Bitcoin’s spike to $43,210 was a major development for its price as noted by pseudonymous analyst Rekt Capital, because this was the first time BTC was able to break out of its multi-month trading range.
Full article here: https://cointelegraph.com/news/bitcoin-price-blasts-through-43k-hitting-its-highest-price-since-may