Bitcoin price growth not typical of past bubbles, must rally against tech stocks for "bubble" status.

From Investing.com

December 7, 2024 10:30 AM:

Former CIO Jordi Visser believes Bitcoin (BTC) has not reached a bubble phase at $100,000 and must rally against major tech stocks to hit potential top. Bitcoin’s price growth is not reminiscent of past bubbles, with altcoin statistics indicating that the market is far from its peak. Ethereum (ETH) struggles to revisit all-time high despite price increase. Capital continues to flow into Bitcoin and Ethereum ETFs, making them the fastest-growing products in ETF history. Bitcoin must rally against MAG7 tech stocks index for a true “bubble” status, according to Visser.

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