Bitcoin – The Domination Continues!

Bitcoin Eyeing A New All-Time High!

Approximately two months ago, Bitcoin hit a fresh all-time high of $124,000. Once again, BTC has proven itself, rallying more than 10% and appears to be eyeing a fresh all-time high. Eric Trump recently announced a million-dollar Bitcoin price prediction. He envisions a strong move for the asset as it continues to dominate and replace TradFi systems.

Bitcoin has been on an unstoppable path for many years now, and even though things have appeared to be fragile at times, Bitcoin has consistently risen above. Eric is right, a million-dollar Bitcoin price is inevitable. The only question is when. From the looks of things, the harsh 4-year cycle could be a thing of the past, for Bitcoin at least.

Modest Bitcoin corrections have led to fairly harsh altcoin corrections. This suggests that even if Bitcoin were to experience only a mild bear market, it would not necessarily be the case for altcoins. Altcoins have continued to struggle. It’s no secret, Bitcoin remains king!

Let’s see what the weekend has to offer in terms of price action. Either way, Bitcoin is headed higher; it’s just a matter of time. Enjoy the weekend, and I will catch you in the next one. All the best!

Disclaimer

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This article was first published on Sapphire Crypto.

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