{"id":9254,"date":"2025-01-23T10:18:28","date_gmt":"2025-01-23T10:18:28","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9254"},"modified":"2025-01-23T10:18:28","modified_gmt":"2025-01-23T10:18:28","slug":"bitcoin-may-hit-record-highs-on-more-than-70-days-this-year-van-straten","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9254","title":{"rendered":"Bitcoin May Hit Record Highs on More Than 70 Days This Year: Van Straten"},"content":{"rendered":"<div>\n<p>Bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\" target=\"_blank\">BTC<\/a>), the largest cryptocurrency by market capitalization, is likely to hit record highs on more than 70 days this year, more than triple last year&#8217;s number, if the price continues to mirror 2017&#8217;s performance.<\/p>\n<p>It&#8217;s already on the way, <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/20\/bitcoin-surges-to-109-k-hits-record-high-ahead-of-donald-trumps-inauguration\" target=\"_blank\">hitting $109,000<\/a> on Jan. 20, the day of President Donald Trump&#8217;s inauguration. In 2024, it made 23 records, the most since 2017, when it touched all-time highs on 77 days. This year, the price action <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/21\/bitcoin-could-cross-1-m-by-year-end-if-it-continues-to-follow-2017-cycle-van-straten\" target=\"_blank\">seems to be tracking<\/a> the trajectory of eight years ago.<\/p>\n<p>Record highs seem to elicit different reactions in crypto and traditional financial markets. Typically, when bitcoin breaks to a new high, the market is deemed overheated, greedy and overpriced. Assets such as gold and equities, however, often extend their bull runs. Gold made new all-time highs at least <a href=\"https:\/\/www.reuters.com\/markets\/commodities\/golds-allure-spreads-bulls-lock-fresh-records-2024-10-21\/?utm_source=chatgpt.com\" target=\"_blank\">33 times<\/a> in 2024.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/5b9047b50433cd5450255d08d7f6c2b6383fb842-343x717.jpg\" alt=\"\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC), the largest cryptocurrency by market capitalization, is likely to hit record highs on more than 70 days this year, more than triple last year&#8217;s number, if the price continues to mirror 2017&#8217;s performance. It&#8217;s already on the way, hitting $109,000 on Jan. 20, the day of President Donald Trump&#8217;s inauguration. In 2024, it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9254","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9254"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9254\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}