Bitcoin price hit a new all-time high above $69,200, and analysts believe BTC’s rally has a ways to go.
Bitcoin price reached a new all-time high above $69,200 on March 5 after gaining 5% in the previous 24 hours.
The world’s first cryptocurrency rallied over 21% during the past week to shatter the previous all-time high price of $68,990, which was recorded on the Coinbase exchange on Nov. 10, 2021.
The record high follows large inflows from the new spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States.
