2015 @215A$ then zero now???
Bitcoin is on the cusp of challenging its all-time high of approximately US$110,000, with current prices hovering around US$106,000. The cryptocurrency has seen a remarkable surge in recent weeks, driven by a confluence of macroeconomic factors and growing institutional interest. Analysts are closely watching whether Bitcoin can break through this critical resistance level, potentially setting the stage for a new record high.
A key driver behind Bitcoin’s rally is the increase in global liquidity, as central banks maintain accommodative monetary policies to support economic recovery. This flood of liquidity has pushed investors toward alternative assets like Bitcoin, seen as a hedge against inflation and currency devaluation. Additionally, growing certainty in the regulatory environment for cryptocurrencies, particularly in major markets, has bolstered investor confidence, encouraging more capital inflows into Bitcoin and related ETFs.
Another factor fuelling the price surge is the ongoing trend of debt rollovers by governments and corporations, which has heightened concerns about fiat currency stability. Investors are increasingly turning to Bitcoin as a non-sovereign store of value to preserve purchasing power amid rising inflation and economic uncertainty. With institutional adoption accelerating and market sentiment turning "max bullish," Bitcoin’s push toward US$110,000 reflects its growing role as a global financial asset.
