Will $30K be a brand new springboard for Bitcoin bulls?

After a failed rally above $31,000 on June 23, (BTC) has sustained the $30,300 resistance for the previous three days. Curiously, this occurred whereas gold reached its lowest stage in three months, buying and selling at $1,910 on June 22, down from a $2,050 peak in early Might.

Traders now query how stable Bitcoin’s $30,000 assist is. So analyzing what brought on the current value rally is important to understanding how merchants are positioned on BTC margin and futures markets.

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