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>> No.24947166 [View]
File: 419 KB, 1174x782, happy 20k cake.jpg [View same] [iqdb] [saucenao] [google]
24947166

>>24947009
I for one welcome our new chad bitcoin-loving overlords.

>> No.24876482 [View]
File: 419 KB, 1174x782, happy 20k cake.jpg [View same] [iqdb] [saucenao] [google]
24876482

>>24876330
It doesn't matter if no one was reckoning it like you were with one wick on one exchange that didn't hold... Browse all of today's google news articles about bitcoin, there's a lot of them. It became official today.

>> No.24875115 [View]
File: 419 KB, 1174x782, happy 20k cake.jpg [View same] [iqdb] [saucenao] [google]
24875115

>>24874932
20k is the new 1k, we're entering a period where new ATHs will be set all the time such that the old ones we're discussing today will be left in the dust.

>> No.24852471 [DELETED]  [View]
File: 419 KB, 1174x782, happy 20k cake.jpg [View same] [iqdb] [saucenao] [google]
24852471

>>24852381
I've been posting news articles in my ghost town thread: >>24850513

>> No.24851373 [View]
File: 419 KB, 1174x782, happy 20k cake.jpg [View same] [iqdb] [saucenao] [google]
24851373

Cointelegraph says happy 20k: https://cointelegraph.com/news/bitcoin-price-hits-20-000-for-the-first-time-in-history

>The price of Bitcoin (BTC) has reached $20,000 for the first time in history on Dec. 16. The historic milestone comes just over two weeks after breaking its previous all-time high.

>At the same time, this rally is different from 2017's due to several reasons that could help BTC soar even higher. These include growing institutional demand, the increasing perception among investors that BTC is a store of value, and stronger network fundamentals.

>In December 2017, data suggested that retail and mainstream investors were behind the Bitcoin rally. At the time, CME BTC futures had just launched and there was a lack of institutional investment vehicles.

>As such, the rally was mostly fueled by retail investors, which came to an abrupt stop after a strong whale-induced sell-off.

>This time, institutional investor-focused platforms are seeing an explosive increase in trading activity. For instance, the CME BTC futures market recently notched a $1.27 billion open interest, ranking just behind OKEx as the second-largest in the global Bitcoin market.

>Institutional investors are not likely to invest in Bitcoin with a short-term strategy. Many are increasingly viewing it as a digital store of value and an alternative to gold.

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