Breaking Records Afloat! Bitcoin Hits All-Time Weekly Close

Bitcoin has soared to its highest weekly close ever, just shy of its all-time peak, thanks to six successive weekly gains. Trading around $104,730, Bitcoin is a mere 3% away from its top price of $109,358. Fueling market excitement, investor Scott Melker (@scottmelker) highlighted its record daily close, while analyst Rekt Capital (@rektcapital) foresees a new high if it surpasses $105,000. However, Bitcoin's compound annual growth rate (CAGR) is trending down as it absorbs more capital, noted analyst Willy Woo. Nonetheless, enjoy the volatile ride, as few investments match Bitcoin's long-term performance!