According to trader Jake Wujastyk, the current Bitcoin price action is similar to its performance in February 2017.#Bitcoin This current breakout to new all-time highs has very similar price action to the February 2017 breakout (see orange boxes). $BTCUSD pic.twitter.com/66wE4ld9jJThe largest cryptocurrency is still down more than 8% from its current all-time high of $73,737 that was achieved in mid-March.As reported by U.Today, the Bitcoin price could surpass the $150,000 level in 2024 due to declining inflation.
