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During a recent bull run, the price of BTC surged by 6% today, hitting its highest ever recorded at $ 64,787. The rally helped Bitcoin’s market cap hit $ 1.2 trillion, thus making it even bigger than the British pound (GBP).
According to DocumentingBTC, “Bitcoin’s break of $ 64,000 has made it the sixth largest currency in the world, surpassing the British pound”.
This makes Bitcoin the sixth largest currency in the world by its valuation. This is an extraordinary bull run for Bitcoin in particular and the cryptocurrency market in general this year.
At $ 64,000, #Bitcoin becomes the 6th largest currency in the world and overtakes the British pound sterling in size.
– Documenting Bitcoin 📄 (@DocumentingBTC) April 13, 2021
Just a few days ago, Bitcoin did overthrow Australian dollar (AUD) when it rose to above 62,500 USD.
After consolidating around the $ 59k mark for a long period of time, Bitcoin has now made a pretty strong breakout. As CoinGape reported, the BTC bull run comes amid density whales accumulate BTC more and more and the number of wallets holding over 1,000 BTC has also increased again.
The next target is $ 100,000
On his twitter channel with more than 374,000 followers, market analyst PlanB affirmed, “Bitcoin will have a strong break in September, based on a S2F pattern that predicts the possibility of Bitcoin going above $ 100,000. is very high ”.
#bitcoin $ 61K .. following S2F like clockwork. I put my laser eye back on. See y’all at $ 100K🚀 pic.twitter.com/MBGBGCRn6x
– PlanB (@ 100trillionUSD) April 13, 2021
This is not the first time PlanB has made a prediction about Bitcoin, before that the analyst has also repeatedly noted that Bitcoin will soon break impossible milestones, first being $ 50,000 – $ 100,000 – $ 250,000 and even $ 1,000,000.
Despite being said by some as “delusional”, PlanB is still quite firm, saying “I have a reason, it’s not something far away …”
Over the next few days, PlanB expects $ 70,000 to be tested soon to pick up momentum for the overhead resistances.
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