Data shows that when the price of Bitcoin (BTC) surpasses $20,000, millionaires were created. As it marked the peak of Bitcoin's previous halving cycle, $20,000 has gained prominence and represents more than just a boundary on a technical level which resulted in bitcoin millionaires raising by 140%. As Glassnode has now demonstrated, numerous hodlers either become or become less millionaires in US dollars when BTC/USD hits that price point.