Bitcoin Bulls Eye Accelerated Bull Run with $30K Springboard
TL;DR Summary
Bitcoin has sustained the $30,300 resistance for the past three days, with analysts attributing the recent gains to BlackRock's spot Bitcoin ETF filing, institutional inflow, and a more rational approach from US lawmakers. Bitcoin bulls have added leverage-long positions using margin and futures markets, and the favorable scenario toward cryptocurrencies should allow them to sustain the $30,000 BTC price support level in the coming weeks.
- Will $30K be a new springboard for Bitcoin bulls? Cointelegraph
- Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry CoinDesk
- ‘Open The Floodgates’—Crypto Suddenly Braced For Volatility Amid $100 Billion Bitcoin And Ethereum Price Boom Forbes
- Analyst PlanB Says One Signal Suggests ‘Accelerated’ Bull Market Ahead for Bitcoin (BTC) The Daily Hodl
- Bitcoin Bull Run Continues: $45,000 Rally On The Horizon, Says Expert | Bitcoinist.com Bitcoinist
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