Since 2022, cryptocurrency investors have faced ridicule due to their losses, but the narrative is changing. Bitcoin (BTC) 
$98,692 is once again breaking records, reaching a price of $91,000 as of the writing of this article. This resurgence has rekindled hope among those who believe in the future of cryptocurrencies.
Bitcoin Breaks Records
As the article was written, Bitcoin’s price climbed to $91,000. Some skeptics who predicted the end of cryptocurrencies back in November 2022 are now celebrating this rise, while long-term believers are being rewarded for their patience. This upward trend evokes memories of the historic price peaks seen in 2021.
Despite potential corrections, BTC is likely to steadily approach six-figure price targets. As it nears its all-time high, significant gains in altcoins are also anticipated. As funds rapidly flow into altcoins, we might witness the same surges experienced in 2021, despite many cryptocurrencies still unable to reach this year’s peak prices.
While this day is remarkable for cryptocurrency investors, caution is advised regarding rapid price corrections and significant futures liquidations. Short-term traders particularly face serious liquidation risks in both directions.
