{"id":355598,"date":"2021-10-20T16:44:52","date_gmt":"2021-10-20T13:44:52","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/breaking-bitcoin-officially-hits-new-all-time-high-above-65k\/"},"modified":"2021-10-20T16:44:52","modified_gmt":"2021-10-20T13:44:52","slug":"breaking-bitcoin-officially-hits-new-all-time-high-above-65k","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/breaking-bitcoin-officially-hits-new-all-time-high-above-65k\/","title":{"rendered":"# BREAKING: Bitcoin officially hits new all-time high above $65K"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a36e7515f6f0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a36e7515f6f0\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/breaking-bitcoin-officially-hits-new-all-time-high-above-65k\/#Bitcoin_back_in_price_discovery\" >Bitcoin back in price discovery<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/breaking-bitcoin-officially-hits-new-all-time-high-above-65k\/#%E2%80%9CBitcoin_season%E2%80%9D_in_full_swing\" >\u201cBitcoin season\u201d in full swing<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># BREAKING: Bitcoin officially hits new all-time high above $65K <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Bitcoin (BTC) has hit a new all-time high in United States dollars as a long-awaited surge pushes BTC\/USD into price discovery.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-10\/1cd372f7-9eb0-42aa-b0fd-cfc25cd3649b.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-hour candle chart (Coinbase). Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_back_in_price_discovery\"><\/span>Bitcoin back in price discovery<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=COINBASE\">TradingView<\/a> showed Bitcoin breaching the $64,900 ceiling in place since April.<\/p>\n<p>On the second day of trading for the hugely popular ProShares Bitcoin Strategy ETF, BTC\/USD again surged ahead of the U.S. open \u2014 a practice that has characterized the pair in recent days.<\/p>\n<p>On <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a>, Bitcoin\u2019s best-known names were celebrating.<\/p>\n<p>\u201cThe halls of eternity echo with the cries of those who sold their Bitcoin,\u201d MicroStrategy CEO Michael Saylor <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/saylor\/status\/1450820253521432583\">summarized<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">New <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#bitcoin<\/a> ATH  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/agaF0u8cS3\">pic.twitter.com\/agaF0u8cS3<\/a><\/p>\n<p>\u2014 PlanB (@100trillionUSD) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/100trillionUSD\/status\/1450820635114999813?ref_src=twsrc%5Etfw\">October 20, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This week has already seen all-time highs for Bitcoin against several major fiat currencies,\u00a0including the euro.<\/p>\n<p>As Cointelegraph reported, expectations remain for even higher levels to hit in the coming weeks and months, these interspersed by brief corrections to establish new support levels.<\/p>\n<p>The highest estimates for the short term currently center around as much as $300,000 per Bitcoin.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E2%80%9CBitcoin_season%E2%80%9D_in_full_swing\"><\/span>\u201cBitcoin season\u201d in full swing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Various data supports the idea that Bitcoin\u2019s time to shine will precede altcoins, which continued to suffer against BTC on the day.<\/p>\n<p><strong><em>Related:\u00a0BTC price is up 50% since China \u2018selflessly\u2019 banned Bitcoin mining<\/em><\/strong><\/p>\n<p>With Bitcoin\u2019s market capitalization dominance at its highest since May \u2014 47.4%, according to CoinMarketCap records \u2014 popular traders were already warning that now was not the time to focus on an altcoin-heavy portfolio.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">So many alt\/btc pairs look like they want to break down <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> \/ <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> at dynamic long term support line<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SOL<\/a> looks like it&#8217;s in a bear flag. Many have made macro LL&#8217;s<\/p>\n<p>This is great bc of the ability to compound riding BTC up to new ath then alts back up. 2 for the price of one <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/y3gcjkyWmA\">pic.twitter.com\/y3gcjkyWmA<\/a><\/p>\n<p>\u2014 Pentoshi Won\u2019t Dm You. hates Dm\u2019s. DM&#8217;s are scams (@Pentosh1) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Pentosh1\/status\/1450124391501729796?ref_src=twsrc%5Etfw\">October 18, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Estimates currently state that the first half of 2022 should produce a turnaround in altcoins\u2019 fortunes.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/breaking-bitcoin-officially-hits-new-all-time-high-above-65k\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# BREAKING: Bitcoin officially hits new all-time high above $65K &#8221; Bitcoin (BTC) has hit a new all-time high in United States dollars as a long-awaited surge pushes BTC\/USD into price discovery. BTC\/USD 1-hour candle chart (Coinbase). Source: TradingView Bitcoin back in price discovery Data from Cointelegraph Markets Pro and TradingView showed Bitcoin breaching the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":355599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvNWQxZWFhZTUtZjIyOC00M2NhLThlOTQtMjYzN2VlYzM0OWEwLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,73785],"class_list":["post-355598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/355598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=355598"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/355598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/355599"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=355598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=355598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=355598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}