Bitcoin's Rally: Surpassing $63K for the First Time Since 2021
- Alex Chan
- Feb 28, 2024
- 1 min read
Updated: Jul 8
In a stunning financial development, Bitcoin has shattered expectations, soaring past the USD$60,000 mark for the first time since November 2021. This surge reflects a burgeoning confidence in Bitcoin, propelled by significant inflows into U.S.-based spot ETFs and a thriving cryptocurrency market.
#Bitcoin is officially back:
The price of Bitcoin just jumped from $60,000 to $63,500 in under 4 hours. From a psychological and technical perspective, the break above $60,000 was crucial and sparked short covering. As we noted in our premium service, key technical levels can…
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