Bitcoin - 21 Days Above $10K - Why It Is Significant

Sunday Update :
We're now 21 days above $10K! This breaks the record set at 20 days above $10K back in 2019. That move had begun around September 2nd, 2019... so almost 1 year ago was the last time we were above $10,000 USD for this long. The reason this is significant is that the longer Bitcoin can sustain above $10K the less it remains a mental hurdle for investors! Our hope is that we never see another day below $10K!

Could this sustained height mean that our next move out of the ascending triangle will move up? We won't know until we see it! Either way this is an important milestone for Bitcoin since coming out of crypto winter and it's going to need to instill confidence in new users to bring in their money as mass adoption begins.

Keep watching the charts! 📈