distributing stimulus checks of $ 1400. Whatever the reason, I don't really care about it. The most important thing is Bitcoin is still in a bullish trend
and there is a possibility that the rising price of Bitcoin will not stop anytime soon. Because several times Bitcoin has tried to cross the resistance
price of $ 61k, if today it manages to touch the price of $ 62k, means Bitcoin price will soon go up to a price of $ 70k or $ 80k.
Those maybe one of the reason why bitcoin remains in a bullish trend up until now but i think bitcoin can make it where it was now it's because of its blockchain. But yeah to be honest, investors, traders or simply we the people and the community that believes in bitcoin was the top reason why bitcoin was still in the bullish trend.
We are still in March, barely reaching the 1st quarter of this year. And that is why a lot of speculators are still predicting that $100k will come this year. So the latest high at $61k could be easily broken this year or even this month.
And that is why this year is really interesting, enjoying the bull run, but we all know that the bearish trend might come though. Bitcoin can't go parabolic like this, so it's better to take this opportunity and make profit and then leave something for the worst, just saying.
Yes we are still in March, 1st quarter of the year and if we look back at the time of christmas season year 2020 we are waiting for an ATH which reached $22,000 and now it has a $54,000 so we can definitely announced that bitcoin was record breaking on its own ATH.