Why the Bitcoin worth has not but reached a brand new all-time excessive – simply but

Why the Bitcoin price has not yet reached a new all-time high – just yet

The price of (BTC) hit $ 19,873 on Coinbase on Nov. 30 and topped over $ 19,000 in a surprise recovery rally. While many in the cryptocurrency sector are celebrating a BTC hitting an all-time high, it has not yet done so.

At Coinbase, the price of Bitcoin peaked in December 2017 at $ 19,891. The all-time high price at Coinbase is particularly important as it has always remained the top exchange in the US over the past few years.

Monthly chart at Coinbase. Source: TradingView

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