Bitcoin's price trajectory on March 25, 2024, showcases bullish momentum, coasting along at ranges between $66,934 to $67,087 per unit. The day's trading ranged from $64,568 to $67,672, indicating a volatile yet upward trend.
Bitcoin is by far the most valuable digital asset, and its $1.39 trillion total value accounts for almost exactly 50% of the $2.81 trillion crypto market. Worth just $69 billion five years ago, bitcoin is now worth more than Apple, the world’s seventh largest public company by market capitalization. Bitcoin's trading activity looks far more like that of a stock rather than a currency, but its value comes from a broad belief in its inherent value rather than an expectation it itself will return value to a holder, like a shareholder may expect from a company in the form of dividends or share buybacks.
Bitcoin whipped above $70,000 again Monday as the cryptocurrency recaptured its all-time high price earlier but there is some evidence that the ever-volatile bitcoin could soon have another sizable selloff.
Personally, I believe Bitcoin will be very bullish from now onwards. My long term target will be 100k USD within this year. I have some Bitcoin in my crypto wallet and I will hold them for long-term. For those who don't want to buy the crypto coins directly, you may look into the crypto related stocks like $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ or crypto related ETF like IBIT.
@MillionaireTiger @CaptainTiger @TigerStars @TigerClub @TigerSG @Tiger_comments @Tiger_chat
🎁$BTC is close to breaking ATH, missed it?
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- LEESIMON·03-27🩷Good1Report