After six weeks pacing between $30,000 and $36,000, BTC price is now hovering around $40,000 resistance once again in two days.
Bitcoin’s (BTC) volatility made the headlines again after the original cryptocurrency briefly reclaimed its $40,000 mark before going back to $39,000 levels. Coming after a two-week-long bearish loom that started on July 15, this is the second time Bitcoin is trying to break $40,000 resistance in two days. Based on the data from Cointelegraph Markets Pro and TradingView, BTC witnessed a bull run for trading pair BTC/USD from 21 July that resulted in a spike of 34.13% in just seven days. The crypto community attributes the rising BTC price directly to the increased involvement of traditional banks and entrepreneurs such as Elon Musk and Michael Saylor. This week, Amazon’s rumored involvement in crypto also pushed the price, although the tech giant later denied those rumors.While the current pri
Źródło: https://cointelegraph.com/news/bitcoin-tries-to-break-40k-second-time-in-two-days
