BTC to Reach ATH This Week? ☀️
The crypto analytics firm 10x Research expects Bitcoin to reach an all-time high this week.
Cryptocurrencies extended their gains over the weekend, supported by the all-time high reached by Nasdaq on Friday. The tech-heavy index and the price of Bitcoin tend to correlate with each other. The price of Bitcoin rose 2.8 percent to $63,570 over the past 24 hours, approaching its cycle high of $64,255 reached last week.
“This is probably the first time in the history of bitcoin that we have true price discovery. This is the first time that anyone who wants to buy [bitcoin] has easy access to buy it [through spot Bitcoin exchange traded funds (ETFs)]… There’s a new army of buyers. There’s an army of salespeople,” the CEO of Galaxy Digital, Mike Novogratz, told Bloomberg.
Google’s search rankings for Bitcoin confirms this increase in interest. “The retail is waking up, and we are beginning to build momentum. Google search interest has not even topped Jan highs but it is getting close,” the X profile @Sinz_Bitguide noted.
As predicted by ATTMO, the bullish sun will continue to shine over the global crypto market in the next 24 hours and week, indicating further upside potential for Bitcoin, Ether, Ripple’s XRP, Cardano and many other altcoins covered by ATTMO.
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Cryptocurrencies extended their gains over the weekend, supported by the all-time high reached by Nasdaq on Friday. The tech-heavy index and the price of Bitcoin tend to correlate with each other. The price of Bitcoin rose 2.8 percent to $63,570 over the past 24 hours, approaching its cycle high of $64,255 reached last week.
“This is probably the first time in the history of bitcoin that we have true price discovery. This is the first time that anyone who wants to buy [bitcoin] has easy access to buy it [through spot Bitcoin exchange traded funds (ETFs)]… There’s a new army of buyers. There’s an army of salespeople,” the CEO of Galaxy Digital, Mike Novogratz, told Bloomberg.
Google’s search rankings for Bitcoin confirms this increase in interest. “The retail is waking up, and we are beginning to build momentum. Google search interest has not even topped Jan highs but it is getting close,” the X profile @Sinz_Bitguide noted.
As predicted by ATTMO, the bullish sun will continue to shine over the global crypto market in the next 24 hours and week, indicating further upside potential for Bitcoin, Ether, Ripple’s XRP, Cardano and many other altcoins covered by ATTMO.
Follow us for more crypto weather reports!
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