Adam Back highlights Bitcoin nearing recent high
@adam3us: Back highlights Bitcoin high
Bitcoin has reached a valuation of $105.5k, approaching levels not seen since January 30.
Crypto expert Adam Back observed this significant achievement, pointing out that Bitcoin had last reached higher levels briefly with a peak of $106.5k at the end of January and an all-time high of $109.6k on January 20. Notably, there was a fleeting intraday spike to $105.7k on May 12, but sustained growth at this level has not been observed until now.
Adam Back, known for his insights into the cryptocurrency market, indicates that current values bring Bitcoin back into competitive territory amidst recent market fluctuations.
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In the previous news, tweet author Adam Back discussed MicroStrategy's Bitcoin strategy.
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