CryptoLord
Wed Jul 03 2024
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7 answers
1351
Why is the bitcoin price back above a major on-chain support level?
Could you elaborate on the reasons behind the recent surge in the bitcoin price, pushing it back above a significant on-chain support level? What factors have contributed to this upward trend? Is it due to increased investor confidence, a positive market sentiment, or perhaps a shift in the regulatory environment? What are the implications for the cryptocurrency market and for investors in the long run? Is this a sustainable trend, or is it merely a temporary bounce?
