Bitcoin has the potential to break the $ 100,000 ceiling

According to Ibna; After a steady rise, Bitcoin retreated from the new channel. According to CNBC, Bitcoin, which has failed to break the $ 20,000 ceiling several times in recent weeks, has finally achieved this to set a new record. The currency also managed to conquer the $ 23,000 channel in today’s trading, but failed to maintain it and returned to $ 22,000.

The weekly return of the world’s most popular digital currency has reached a positive 24.07%. In the last 24 hours, Bitcoin rose 9.04 percent to $ 22,571.66. The highest recorded value of Bitcoin was on December 18, 2020, when the currency reached a price of $ 23,400. The previous record for this currency was set on December 16, 2020, when it reached the price of $ 20,776.16.

Bitcoin has had a dream this year and its value has increased about 1.7 times compared to the beginning of the year. Digital currency traders claim that the situation is different from 2017, and that this currency could experience new channel breaks. The market value of Bitcoin is currently over $ 380 billion.

“In recent months, we have seen more investor attention to the high potential of digital currencies, and now bitcoin and other digital currencies have a significant share of investors’ portfolios,” said Charles Heather, director of the Cryptocurrency Institute. This means that we will have a brighter future for this market.

Some traders believe that Bitcoin has the potential to break the $ 100,000 ceiling in the long run.

Of course, the jump in prices in the digital currency market was not limited to Bitcoin, and the prices of many other digital currencies were bullish; Atrium rose 3.26 percent to $ 641.54, BitcoinCash rose 2.43 percent to $ 308.07, LightCoin jumped 12.96 percent to $ 101.02, and Monroe rose 2.56 percent. Percentage increase to $ 158.41, Dash increased by 6.13% to $ 108.35, Zdkash increased by 6.79% to $ 74.93 and Maker increased by 1.32% to $ 541.66.