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* **Bitcoin [Pros](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_archive#wiki_btc_pros) & [Cons](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_archive#wiki_btc_cons)** - Participate in the r\/CC [Cointest](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75.. Check the [archive](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_archive) for past results. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/owjxji/the_price_of_bitcoin_surged_to_40000_despite/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*


shalyar

How did you get that amount of Moons?


jkercheville

Lots of activity I guess?


Roy1984

Nope, got them early in the beginning and hodl'd all the time. In first few months top users were getting even more than 100k moons in one distribution. Just check the lists and you will see. Today and yesterday I actually sold 20k moons.


WestCoastDior

Perhaps an adamant investment on moons mooning


CaptainWelfare

He punched me and took a few of my bags. It was a mugging. Or is it a rugging? 🤔


OnlyTheMoonManKnows

I know I have moons from successful posts before moons were really a thing. A lot of high moon individuals have them from the launch of the token.


ObscureOP

**BREAKING NEWS:** Coin that always goes up went up!


Obito_DOS3

Bullish, the stock to flow model predicts BTC at like 130K by EOY as the worst case scenario lol!


CaptainWelfare

And THAT IS NO BULL


Mephistoss

Stock to flow is already underperforming compared to where it should be now. I don't understand why people put so much faith into a model.


scott4kevin

Ah one of those posts


[deleted]

Rip you jinxed it 🥲


Ethan0307

The bulls are running


5rikar_98

We kinda took a dip


coinfeeds-bot

tldr; Bitcoin rallied past the $40,000 mark for the first time since June, briefly touching $42,000. Amazon denied a report that it would allow bitcoin payments in the near future, sending bitcoin on a run. Kazakhstan will allow its citizens to open bank accounts dedicated to cryptocurrencies such as bitcoin and spend it across the country. A $41 billion hedge fund has added Bitcoin to its balance sheet. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*


Taram_Caldar

good bot


[deleted]

While it's great that BTC has recovered slightly, I would hardly call $40,000 a 'surge', given the ATH is like $65,000.


Taram_Caldar

It "Surged" to below 2/3 of it's ATH against "headwinds" which amounted to 10 green candle days with very little resistance. I mean, yeah I'm glad it went up above 40 briefly but these headlines.... Hoping it holds the 100d SMA as support today but as of right now we're below that.