However caution is advised according to Chris Thomas, head of digital assets at Swissquote Bank.
"People must be careful of the price pullback. Bitcoin may revisit the $8,000-$8,500 for a while, before making another attempt at $10,000 in the run-up to the halving,"
Chart is courtesy of Trading View
The price seems to be consolidating at the moment on the 4hr chart as above.
Obviously the halving is getting closer and the price is driven by anticipation of the halving rather than technical analysis and solid figures.
As Gordon Gecko said "greed is good".
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