Outlook of the Day: What Will Happen After Bitcoin's New Record?

Bitcoin (BTC) broke a new record by exceeding the $ 69,000 level, which it first reached on November 10, 2021, but it did not take long for it to decline from its all-time high.

The world's largest cryptocurrency fell to around $67,000 and liquidations of over $1 billion were recorded along with volatility. Bitcoin, which recovered in the Asian morning hours, continues to maintain its resistance. Some observers say the selling pressure is due to high levels of profit taking and miners losing some of their Bitcoin holdings.

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The halving is just a few days away. I expect Bitcoin to exceed 75 thousand dollars and break the record of recent years.

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