Bitcoin Price Breaks $45,000 For the First Time In Over 2 Months, Is $64,000 Possible Again?

Bitcoin price continues to see massive gains as the price sees massive recovery in the past weeks. Prices surged this past week which saw the digital asset beating prices that had not been reached since the price crash following the all-time high. Bitcoin had spent months in a rut, as dip after dip saw the price crashing down to as low as $28,000. Speculations following the dip were strongly in favor of the market finally being in a bear market. But it seems that the bull market is not done yet. The market has now seen recoveries across top coins. With some coins posting as much as 15% recoveries in a single day. Bitcoin has now, for the first time in two months, moved past the $45K mark. Related Reading | Bitcoin Set To Outperform In Second Half Of 2021, Bloomberg Analyst With this incredible move, it is now left to see where this price bounce will land. The daily gains being seen in the coin price shows that this run-up might continue, with indicators in the market continue to remain bullish. Breaking $45K now puts the pioneer cryptocurrency on track to break an all-time high again. Maybe set a new record while at it. New All-Time High On The Horizon? Analysts have continued to believe that the price of bitcoin remains severely undervalued. With some calling for as much as $100K price targets for the asset before the year runs out. With bullish sentiment still in full gear, the price of the digital asset is most likely ...