On this day five years ago, October 20, 2021, $BTC surged to $66,974, setting a new all-time high. It was the second day after U.S. Bitcoin futures ETFs launched. Riding the ETF tailwind, money flowed in and pushed the price past the previous high set in April that year. Five years later, spot ETFs are firmly established, and the ways money flows in and out have changed completely—but one pattern remains the same: whenever a new high is reached, there are always more people chasing the rally than keeping a cool head. What do you think will spark the next all-time high—ETF inflows, rate cuts, or a new narrative? If you’re bullish, comment 1; if you’re sitting on the sidelines, comment 2.
$BTC $ETH $SOL
#历史上的今天 #比特币 #ETF
(Source: publicly available historical market data)
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