For the first time in over fifteen months, bitcoin is at five figures. A few hours ago BTC broke past the $10k price barrier and continued surging all the way up towards $11k in one epic pump. Analysts looking at the bigger picture are eyeing $100k if previous market cycles repeat.
The move to $10k has been rejoiced over in crypto land as mainstream media still slumbers. Once those headlines start gaining traction another wave of FOMO could take hold pushing the king of crypto even higher. At the time of writing bitcoin had pulled back slightly from its latest 2019 high of $10,900 and was trading at 00. They key take is that BTC has remained above $10k which could form a new solid level of support if it can hold gains over the weekend.