Bitcoin surged to $87,000 today! Just last week it was hovering around $84,000, and suddenly it skyrocketed. Who is really behind this? Can ordinary people still get on board?
This week, the US dollar index fell below the 99 mark, hitting a three-year low. As the dollar weakens, global capital seeks 'defensive assets'—gold soared to a historic high of $3,370, and Bitcoin took off in response.
After bouncing around $84,000 repeatedly, it attracted short sellers. Today, a strong bullish candle broke through the crucial level of $86,000, completely smashing the stop-loss orders of short sellers, leaving them in a mess.