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Bitcoin Hovers Around New All-Time High, Experts Eye Bullish Future: ‘A Perfect Setup’

Bitcoin BTC/USD flirted with new all-time highs around the $69,000 level Tuesday morning, returning to prices last seen in November 2021. 

CoinMarketCap showed Bitcoin hitting a new all-time high of $68,995.53 just after 10 a.m. ET Tuesday, while other platforms such as Coinbase show Bitcoin crossing the $69,000 mark. Bitcoin price calculations vary slightly from platform to platform. 

This surge has ignited a firestorm of predictions from industry experts, many of whom foresee a future brimming with possibilities for the world’s leading cryptocurrency.

Speaking with Benzinga, analysts attribute the recent surge to a confluence of factors, including increased demand from institutional…

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