When Bitcoin first was created I called it a Ponzi scheme. While I have not changed my mind about cryptos I would be an idiot to trade on that view given this rocket to the moon.
BTC rose about 4% to a new record high before backing off a touch but maintaining above the former record high (blue AT line).
By contrast, EURUSD has traded a 19 pip range so far today.
For the record, I do not trade BTC and have no intention of doing so.