Has Bitcoin Been To The Moon Already?

Has Bitcoin Been To The Moon Already?

Rising bitcoin symbol. As prices start rising slowly, is another "moon launch" in the works? Or has ... [+] Bitcoin already peaked? On November 7, 2021, Bitcoin reached a record high of $68, 789. It settled that day at around $65, 500. Bitcoin investors were convinced the moon launch was in effect and $80, 000 was right around the corner. After that, $100, 000. Was that the moon landing price tag? Is there one? Or, did Bitcoin already have its moon landing? When central banks start rolling out their preciously programmable central bank digital currencies, things like the FedCoin will put an end to all this "Bitcoin moon" talk. Ray Dalio said he wouldn't be surprised if they outlawed it. Dalio said this in 2021: Bridgewater Associates founder and billionaire Ray Dalio thinks it is likely the Fed will one day ... [+] outlaw Bitcoin, capping its price and, of course, its use case. (Photo by Kimberly White/Getty Images for TechCrunch) "Back in the '30s in the war years, they made 1% the short-term interest rate, and 2. 5% was the bond yield. So it was profitable to buy those bonds, funding it with 1%, then you got 2. 5%.