Everyone is all excited over the fact that it only took five days for bitcoin to rise from $6,000 to $8,000. I guess everyone forgets it was almost $20k in 2017.
Of course, bitcoin reached much higher levels in late 2017 and early 2018. Bitcoin's current price just under $8,000 is less than half the all-time high of $19,500 set in December 2017. Bitcoin was last worth at least $8,000 in July 2018.
