Historically, when bitcoin breaks an all-time high, prices tend to rally for the next few days: In 2020, it rose to $24,200 from $20,000 in a 48-hour period. It didn’t drop below $20,000 again until June 2022, in the midst of a bear market. In March 2017, bitcoin hit a high of $1,350 before dropping to $897 over the following two weeks. Then it started a run to an eventual high of $20,000.
Here’s What Might Happen After BTC Hit a Record High
