Bitcoin’s New ATH This Weekend? Blockstream CEO Adam Back Explains Likelihood

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Adam Back shares what might help Bitcoin reach a new historic peak this weekend

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Back, the renowned figure in the world of Bitcoin, has published a tweet, assuming that odds are high that Bitcoin might reach a new historic price peak over this long Easter weekend. Back shared the following reasons for this bullish opportunity: traditional markets will be closed, so “GBTC can’t be dumped by bankruptcies”, “Coinbase “circuit-breaker” won’t crash as base volume is lower.” Here Backs refers to the Coinbase crash witnessed by the cryptocurrency community at the end of February.is that BTC just needs three $1,000 day candles to surpass its current all-time high of $73,750 achieved on March 14."circuit-breaker" won't crash as base volume is lower.

 

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