Bitcoin shoots past $19,000 as new ATH awaits

[adaseb]

Most likely all the bitcoins which are mined will be bought up by GBTC because there are funds like Guggenheim that want to allocate up to $500 million worth. Whether they actually buy that much at ATH doesn't really matter. People and other smaller funds are all going to be looking at this and want to rush into BTC as soon as they can.

This was observed earlier when CME gapped up and instead of making an attempt to fill the gap on Friday it instead kept rising higher and higher. I think most that wanted to sell already sold and there is a very small supply of BTC to go around, especially for GBTC to buy. So I wouldn't be surprised if we had an attempt at the ATH sometime this week or next.