@brianphobos has made an interesting point before in regards to the higher bitcoin price goes the less palatable it is to new and small investors. Whether were talkimg penny stocks or cryptos many people cant wrap their head around the fact that a 10% gain is a 10% gain regardless of whether its on 60k bitcoin or a 0.60 cent coin. People also like t9 play mind games ablut how rich theyll be if xyz coin worth a few pennies becomes worth $1000. For that reason i think the higher btc price goes the more potential investors who decide to go with litecoin or ada or something they can actually stack.
RE: Can Btc reach a new high or is the rally over?