The bitcoin price has been holding above $10,000 since July 27. This resilience has excited well-known bull Anthony Pompliano who noted that the flagship cryptocurrency has been able to successfully discredit the BTC bear case.
Bitcoin Sets Record Of 63 Consecutive Daily Closes Above $10K
Morgan Creek Digital co-founder, Anthony Pompliano, took to Twitter on Monday to remind bitcoin haters that the cryptocurrency is setting major landmarks. In his tweet, Pomp observed that bitcoin has registered 63 straight days closing above the eminent five-digit mark.
This marks the longest series of daily closes above the $10K mark than any other time in history. According to Pompliano, it proves the haters’ bearishness wrong. “There is always time to capitulate & join the party :),” he advised the bears. He also posited that the prolonged period is an indication that there is more upside to come.