Bitcoin hit $10,000 today after an astonishing surge from the $8100 low last weekend and has cancelled out losses from its pre-having crash.
After hitting the $10K level Bitcoin has dropped back to the $9600 mark where the price has stabilised.
Meanwhile twitter is ablaze with positive sentiment with many predicting the beginning of a bull run.
Experts are contrasting how Bitcoin’s bullish recovery isn’t correlated with the S&P500 (SPX) and has outperformed the index as seen below:
The bitcoin price crashed over 10% on Sunday ahead of bitcoin’s third halving, spooking many bitcoin traders and investors.
Many expect bitcoin to see a new all-time high within 18 months.