According to CoinMarketCap, Bitcoin just broke through the $12 thousand barrier again shortly after midnight. For a week it has steadily risen from $9500 to now over $12000 per coin. The last time I reached this level was early July.
Many supporters claim this is a stronger upward trend and expect this rally to surpass previous highs of $20k. Time will tell if it will now gain more momentum after passing this milestone or suffer at the hands of profit-takers. For now, it is showing progress.