04.12.2024 23:08:08

Could This Be the Day Bitcoin Cracks $100,000?

Financial professionals like to talk of "psychologically important" price levels for securities. Although this fancy-sounding term is more construct than reality, when an asset hits or exceeds a certain price, it can dramatically boost confidence in its future.These days, all eyes in the crypto world are on the trajectory of Bitcoin (CRYPTO: BTC). During the past few weeks, it has approached the $100,000 level, at times getting tantalizingly close to that mark. As of this writing -- Dec. 4 -- it's trading at about $98,000. Here's my take on whether we'll hit this magic number at some point during the next 24 hours. Before we discuss that, let's do a little tour of recent Bitcoin history. If we cast our imaginations back to the long-ago, dark days of December 2023, Bitcoin was sailing along at about the low $40,000s. Within weeks, though, the first of several powerful catalysts propelled the coin's trajectory upward.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Devisenkurse

Name Kurs +/- %
Dollarkurs
1,0527
0,0014
0,13
Japanischer Yen
158,2425
-0,0275
-0,02
Britische Pfund
0,8278
0,0000
0,00
Schweizer Franken
0,9311
0,0014
0,15
Hongkong-Dollar
8,1924
0,0086
0,11