Bitcoin reached $87,000 today! Last week it was hovering around $84,000, and today it suddenly surged. Who is behind this? Can ordinary people still get on board?

This week, the US dollar index has dropped below the 99 mark, 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.

It danced around $84,000 repeatedly, attracting shorts to bet against it. Today, a large bullish candle broke through the key level of $86,000, triggering a massive stop-loss for the shorts, leaving them in a terrible position.

Historical patterns show that after gold hits a new high, Bitcoin tends to break its previous high within 100-150 days. With gold currently at $3,370, at this pace, Bitcoin may reach $100,000 before July. But remember: if the dollar rebounds suddenly, both of these assets could take a hit.

In May, the Federal Reserve may cut interest rates, which, if confirmed, would be like giving the market a red envelope, causing funds to flood into Bitcoin. However, if the rate cut is delayed, short-term funds might retreat to seek safety. Trading cryptocurrencies is about speculating on expectations; it gets wild before the news lands.