Bitcoin Breaks All-Time High, Crypto Twitter Reacts
Bitcoin sent shockwaves through the crypto community on Tuesday as it briefly surpassed its previous all-time high price of $69,000. The milestone was met with a mix of disbelief and jubilation on Twitter, with Bitcoin maximalists taking the opportunity to gloat and call out doubters of the cryptocurrency. While some celebrated the achievement, others reflected on the long journey that led to this moment. The timing of the record-breaking price surge was also noted, as it occurred just before Bitcoin’s upcoming halving event in April.
Gloating and “Told You So” Moments
Many Bitcoin maximalists took to Twitter to gloat about Bitcoin’s new all-time high, targeting those who had doubted the cryptocurrency in the past. Some notable reactions include:
- Kevin McCordic, Ecosystem Growth Lead at Monad Labs, encouraged no mercy towards haters and shared an edited scene from a film depicting a gunman shooting labeled individuals including Larry Fink, Warren Buffett, Elizabeth Warren, Jamie Dimon, and others.
- Crypto influencer Cobie expressed his joy over Bitcoin’s achievement and reflected on the endurance required to weather previous bear markets.
- Twitter users highlighted that the price surge occurred after the approval of spot Bitcoin ETFs on Wall Street, contradicting those who claimed it was already priced in.
A Triumph Amidst Halving Expectations
Bitcoin’s new all-time high came just before its upcoming halving event in April. This event is expected to put deflationary pressure on the token and potentially boost its price even further. Some Twitter users noted the significance of this timing and speculated on how it could impact Bitcoin’s future.
Michael Saylor’s Artistic Celebration
Michael Saylor, co-founder of the $13 billion Bitcoin giant MicroStrategy and a prominent Bitcoin advocate, celebrated the milestone in a unique way. He posted an illustration depicting himself as a figure on a windswept alien planet, with his shadow forming a Bitcoin logo. The image symbolized Saylor’s journey towards a bright sun and purple clouds, representing a Bitcoin-infused Valhalla.
Conclusion: A Momentous Achievement for Bitcoin
Bitcoin’s new all-time high price is an undeniable milestone for the cryptocurrency. It has sparked excitement and celebration among its supporters while also causing some to reflect on the challenges overcome to reach this point. With the upcoming halving event on the horizon, many are eagerly anticipating what lies ahead for Bitcoin.
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