Cryptocurrency analysts expect bitcoin to reach a ten-year record

According to cryptocurrency analysts at DocumentingBTC, bitcoin is currently close to reaching a ten-year record. In November 2013, the flagship cryptocurrency demonstrated a consistent positive movement of its value for 15 days, which was the longest such movement in the history of the Cryptocurrency.

₿REAKING: #Bitcoin price has increased 14 days in row — A single day away from making a historic new record! pic.twitter.com/qclJhikcds

— Documenting ₿itcoin 📄 (@DocumentingBTC) January 17, 2023

The 14th day of positive growth dynamics is currently underway BTC $61,927.42 Bitcoin 1.42% Market capitalization $1.22 trillion VOL. 24 hours $0.91 billion . If the positive movement in the value of the digital asset continues tomorrow and the day after, bitcoin will set a new record.

According to crypto trader Credible, if the growth of BTC continues, the main cryptocurrency may reach a new historical high in the coming months. «As expected, BTC’s dominance is starting to grow sharply. The cryptocurrency is expected to have a mega growth — bitcoin will rise to a new all-time high in the next six months or so,» the analyst said.

The trader also compared the current market situation to that of September 2020. Back then, BTC consolidated at around $ 9,000 before spiking to $ 60,000.