Bitcoin ATH near miss, MicroStrategy surges, Solana to flip Ethereum this cycle?

Bitcoin brushed off its all-time high of $69,000 on Monday, March 4, coming within just $150 of it before a reversal and flash volatility started. A lot happened behind the scenes, from the psychological reasons to another Coinbase outage. So, let’s start with breaking down what happened, what the indicators show for the near future, and why MicroStrategy stock spiked over 20% before looking at Solana’s chances of flipping Ethereum in this cycle.Further reading:Bitcoin traders dismiss ‘triple top’ as BTC price stops $150 from $69K — William SubergBitcoin just hit a record in open interest — Lucas KielySolana needs Firedancer, ‘ChatGPT moment’ to rival ETH, proponents say — Tom MitchelhillMicroStrategy stock spikes over 20% as BTC price continues skyward — Derek AndersenMicroStrategy set to raise $600M via convertible notes to buy more Bitcoin — Brayden LindreaReferences:CoinGecko Crypto Fear and Greed Index post on XSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.