Bitcoin (BTC) failed to break its record highs on October 20, but a separate record kept bulls safely in the breach.

BTC/USD 1-day candlestick (Bitstamp). Source: TradingView
Bitcoin reaches an all-time high against the euro
Data from Cointelegraph Markets Pro and TradingView showed that bitcoin/dollar reached $64,490 overnight on Bitstamp.

In addition to the April high, the event still secured Bitcoin’s daily record near $64,230.

In several currencies, including the Japanese yen, the Australian dollar and the euro, new all-time highs were already on Wednesday.

BTC/EUR weekly candle (Coinbase). Source: TradingView
It’s time for the famous Crypto trader Ed to reconsider his potential short term goals.

“Summary: 40K. I mentioned 73K as the first target, but I think we are moving up and keep expanding these waves. I think we have a good chance of not getting below 60K,” he wrote on Twitter.

At worst, he added, it could be a short-term “leap” of up to $58,000, but clear skies will follow in the “coming weeks/months.”

Overall, bullish sentiment followed a successful day for the first $1 billion Bitcoin ETF with $550 million in assets under management in just one trading session.

As a result, open interest in bitcoin futures has reached a new record high of $817.6 million, confirming data from research firm Glassnode.

Where’s Fomo?
The atmosphere makes the relative lack of collective interest in Bitcoin all the more exotic.

Related: Bitcoin RSI Strength Indicates BTC Price Still Far From Cycle Top

Aside from the institutional hype, the data shows that almost no one is monitoring or verifying Bitcoin compared to the previous year.

This has been the case for a while, according to Cointelegraph, but even the trip to the all-time high has failed to reverse the trend.

Source: CoinTelegraph

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