Bitcoin (BTC) Price Tops $31,000 as Futures ETF Experience Record Inflows

The Bitcoin (BTC) price has increased significantly since June 15, reaching a new yearly high on June 23. The price has fallen slightly since. The upward movement goes a long way in suggesting that the cycle bottom for BTC is in and that the price will soon accelerate its rate of increase toward new highs. Bitcoin’s Bullish Week Takes It to Long-Term Resistance The weekly time frame technical analysis shows that the BTC price has reached the $30,000 horizontal resistance area. This is one of the most important horizontal levels for Bitcoin since it has intermittently acted as both support and