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Bitcoin’s latest surge has brought back old memories — and the ghosts of missed fortunes past. With a dramatic all-time high move overnight, BTC jumped nearly $4,000 in minutes, breaking above $118,000 and surpassing milestones with force. This breakout occurred during the slow summer trading period, catching many in the market by surprise and forcing short positions to close.
For one of crypto’s most-followed traders, however, the chart brought back memories of a time years ago when Bitcoin was trading in the hundreds and big returns were just a theory.
DonAlt, a veteran trader whose market views are widely followed, revealed that the current price exceeds the level at which he had considered entering the market. Had he pulled the trigger back then, the trade would now be worth 4,000 times more — a whopping 400,000% return.
Having joined the party later, he still made a solid 10x. But this reflection highlights just how far the Bitcoin price has come.
Price action signals a change in how Bitcoin trades, showing that a new era is here. What used to be a months- or years-long process, like crossing major resistance and reaching new highs, can now happen in a single candle.
Bitcoin is now above its previous range, riding a wave of optimism as 2025 nears its final stretch. This move fits a pattern of Bitcoin behavior: tight coils followed by explosive breaks. Moments like these remind us of what could have been.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team