Bitcoin All time High $23k : What is secret of this High .

[Issa56]

Currently bitcoin highest is $24k, have been asking myself that same question what's behind the massive pump, I believe there are lots of investors and people are getting to know more about bitcoin!!!

[passwordnow]

Currently bitcoin highest is $24k

No, the highest for bitcoin is $28924 and that's no joke, it's trying to break $29k and might break $30k too soon. That can happen before this year ends or on the first day of 2021.

have been asking myself that same question what's behind the massive pump, I believe there are lots of investors and people are getting to know more about bitcoin!!!

Yes it does. The pump that we get is due to the institutional investors and caused by the halving.

[crzy]

Update this one now because the all time high is $29k and we are still aiming for a higher price before the year end, I’m confident that within the day we will hit $30k which the best price ever so far. There’s a reason maybe whales still want to go beyond this level and of course watch out for the incoming correction of the market.

[dunfida]

Update this one now because the all time high is $29k and we are still aiming for a higher price before the year end, I’m confident that within the day we will hit $30k which the best price ever so far. There’s a reason maybe whales still want to go beyond this level and of course watch out for the incoming correction of the market.

It was $26k price at yesterdays and now it is almost hitting 29k which is really a great thing to see that we do have this kind of rally or price increase.
Secret of this high? there no secret but this do talk mainly about adoption. This is one of the indication that it is already getting some recognition globally.
Unlike into those earlier years on which people or majority do still have doubts on engaging with bitcoin due to various reason and now it has been proven
into their very own eyes that it is wrong on what they had believed earlier.Believers will surely increase as the day goes or pass by.

[TheGreatPython]

I am Not Understanding This high

If you keep asking this question, people are always going to tell you that it’s because of demand and they will all start pointing out institutions that have been buying Bitcoin as of recent.

Well, they are right, apart from that I don’t see much why the price would be going up. And another thing is that a lot of economies have been affected by the pandemic and we know that the United States of America is among countries that were hit badly by the pandemic, because a lot of companies had to pause their businesses for a while and that affected their economy; Bitcoin is compared with the USD, and since the USD is down, Bitcoin will add more value.