Bitcoin directly surged to $87,000 today! Last week it was still hovering around $84,000, and today it suddenly took off. Who is really behind this? Can ordinary people still jump on board?
This week, the US dollar index fell below 99, hitting a three-year low. The weaker the dollar, the more global funds seek 'anti-dip assets'—gold surged to a historical high of $3,370, and Bitcoin followed suit.
After bouncing around $84,000, it attracted short sellers to bet against it. Today, a strong bullish candle broke through the critical level of $86,000, directly triggering short sellers' stop-loss orders, leaving them in a terrible position.
Historical patterns show that after gold hits a new high, Bitcoin will also break its previous high within 100-150 days. With gold surging to $3,370, at this pace, Bitcoin might hit $100,000 before July. But remember: if the dollar suddenly rebounds, both of these assets will take a hit.