Posted 10/26/2023, 2:31:09 PM
Bitcoin Surges Past Key Price Level, Sparking Optimism for Continued Bull Run
- Bitcoin breaks key resistance level, confirming bull market according to Bloomberg analyst
- Price cleared massive supply overhang, comparable to 2020 breakout above $10.5k
- Crypto user growth could explode 1,900% by 2028 due to stablecoins, tokenization, account abstraction
- Traditional finance institutions that doubted crypto will reverse course in 2024
- Bitcoin eyes becoming next global reserve asset as pensions rethink risk
