The leader of cryptocurrencies rose again after a short decline. This bullish rally originated from the support of “Black Rock” company, which announced its support on Twitter a few days ago. Bitcoin rejected the $29,000 mark with support that excited traders’ sentiments.
According to the history of Bitcoin in the past few days, this currency started an upward trend from the price of 25,000 dollars and reached 29,800. The current price of Bitcoin is $29,800.
How far will the rise of Bitcoin continue?
It is more likely that this powerful rally will be strengthened by the bulls of the market and will advance to the 32 thousand dollar mark.
It feels that the bears have remained powerless against the bulls of the market because the situation has ended in favor of Bitcoin after the victory of Binance against the Securities and Exchange Commission and the defeat of the Federal Reserve against Bitcoin and the support of Black Rock for Bitcoin led to the continuation of the upward rally. has been
Reports show that Bitcoin whales have entered the storage of Bitcoin and this support can make Bitcoin more valuable and take the price of this coin to above 30 thousand dollars.
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