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btc reaches ath, Bitcoin has just reached a new all-time high, surpassing ~$125,000 USD.
The trading volume and institutional capital continue to flow into the crypto space, creating momentum.
However, organizations like Citigroup have slightly revised their Bitcoin forecast due to macro risks such as a stronger dollar or falling gold prices.
Fidelity believes that Bitcoin is still in a bull market, but it may have entered the "acceleration" phase — the final stage of the price increase cycle.
Some technical analysis suggests that the Bitcoin price cycle is extending longer, and $124,000 may not be the actual peak.