As the BTC/Euro currency pair hit a record high, Bitcoin hit the highest daily closing price in history


Bitcoin (Bitcoin) Failed to hit a record high on October 20, but another record gave the bulls confidence in the breakthrough.

BTC/USD 1-day candlestick chart (Bitstamp). Source: TradingView

Bitcoin hits record high against the euro

Data from Cointelegraph Markets Pro with Transaction view It shows that BTC/USD reached $64,490 on Bitstamp overnight.

Although only a few inches from the peak in April, this move still set the highest daily closing price in Bitcoin’s history-approximately $64,230.

Calculated in multiple currencies such as the Japanese Yen, Australian Dollar and Euro, it has reached a record high on Wednesday.

BTC/EUR 1-week candlestick chart (Coinbase). Source: TradingView

For the popular trader Crypto Ed, it is time to re-evaluate possible short-term goals.

“Summary: At 40k, I mentioned 73k as the first goal, but I think we will go higher and continue to expand these waves. I think it is very likely that we will not even go below 60k for a while,” he Tweet.

He added that the worst-case scenario could be a brief “surge” to $58,000, but then “the next few weeks/months” will be clear skies.

One day after the success of the first Bitcoin exchange-traded fund (ETF) in the United States, the overall bullish tone, $1 billion in transaction volume with USD 550 million Assets managed only after one trading session.

Correspondingly, data from the on-chain analytics company Glassnode confirmed that open positions in Bitcoin futures hit a record high of US$817.6 million.

Where is FOMO?

This atmosphere makes the relative lack of mainstream interest in Bitcoin all the more unusual.

related: Bitcoin RSI strength indicates that BTC price is still far from the top of its cycle

In addition to institutional excitement, the data shows that compared to earlier this year, almost no one pays attention to or checks Bitcoin.

As Cointelegraph ReportThis situation has been around for some time, but even the historical high threshold has not been able to subvert this trend.

Global Google search interest for “Bitcoin”.Source: Google Trends

The normalized score comes from Google Trends Set the interest of “Bitcoin” to 36 this week and 100 in mid-May.