New ATH Printed Bitcoin At US$124 Thousand, Bullish Trend Still Visible
JAKARTA - The crypto market on Thursday, August 14, shot up after Bitcoin set a new record at 124,474 US dollars, or around IDR 2 billion, surpassing last July's all time high (ATH).
Tokocrypto mengungkapkan beberapa faktor yang diyakini mendorong kenaikan harga Bitcoin, yakni pendapatian institutional yang meningkat, di mana banyak perusahaan besar, termasuk manajer aset global, mulai menambah alokasi BTC di portofolio mereka.
In addition, the Fed's interest rate policy expectations of loosening monetary policy also provide fresh air for risky assets such as cryptocurrencies.
Then, the last Haling Bitcoin further tightened supply, which has historically always sparked upward trends, as well as geopolitical and inflationary uncertainty that has prompted investors to look for alternative hedging assets.
With this latest record, many analysts project a potential increase towards a psychological level of $130,000 in the coming weeks, especially if positive sentiment is maintained.
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Tokocrypto analysts say that the latest record price above 124 thousand US dollars (Rp2 billion) is a signal that the bullish trend is still very strong.
Moreover, it is supported by high trading volume, scarcity of supply, and increased investor confidence. For traders and investors, this moment can be a golden opportunity to take advantage of momentum.
However, volatile crypto markets keep risks, so risk management is key to investors. Investors are also advised to remain vigilant, and always monitor existing developments.