Bitcoin gets a new high price of all time above $ 125,000

For the first time, Bitcoin is more than $ 125,000 broken in his 17-year history.

The price from Bitcoin rose to a new record high during the trading hours of Asia at almost $ 50 billion in trade volume in the last 24 hours, per data from Coingecko. While Bullish traders piled up to push the price up, almost $ 100 million in short positions were liquidated in just one hour, according to Coinglass. More than $ 200 million in BTC -Shorts have been converted into forced buyers for the past 24 hours.

A combination of favorable macro -economic conditions and an increasing institutional interest in digital active has served well throughout the year, and various analysts recently told Decrypt They expect that the appetite for BTC will continue to grow, despite signs of potential exhaustion in the cryptomarkt earlier this week.

“The broader setup continues Bullish, with a long -term closure of the government that will probably continue to stimulate interest in hard assets and support the demand for Bitcoin as an alternative value store of value,” said Joe Dipasquale, CEO of Crypto Asset Asset Manager Bitbull Capital, told Decrypt On Friday.

While the price of Bitcoin rose in the US on Friday during the early afternoon trade steering, the rally crashed when traders appeared to take a profit just below the previous highest point of $ 124.128.

But not this time. Analysts from the British Multinational Bank Standard Chartered, who have been bullish on Bitcoin for a long time, do not think that it will stop here. Geoff Kendrick, the worldwide head of the Digital Activa Bank, said in an investor note published on Friday that he expects the price of Bitcoin to reach at least $ 135,000 in the short term and top $ 200,000 before the end of the year.

Users on the countless prediction market, developed by DecryptThe parent company Dastan precisely predicted that Bitcoin would reach $ 125,000, so that the chances are placed on Friday more than 90%. At the moment, users also believe on countless that Bitcoin will perform better than Ethereum, the second largest crypto activa per market capitalization, in the month of October.