The largest cryptocurrency in the digital asset market bitcoin continues to gain value. BTC reached the highest level of the last 13 months with the purchases coming today.
The ancestor of cryptocurrencies quickly compensated for the losses he suffered at the beginning of the week, moving up to $ 31,500 during the day. Overcoming the $29,800 resistance in the last days of June, Bitcoin has been selling around $31,000 for a while. The 13-month record broken as of today shows that the resistance of the bears is gradually decreasing.
BTC will make its highest close from May 9, 2022 if it ends Thursday above $31,250. According to the majority of analysts, Bitcoin will continue to appreciate due to its past underperformance. However, the expectations of economists who focus on macroeconomic data are different. More cautious experts claimed that dwindling liquidity will limit the rise in the cryptocurrency market.
As of now, $BTC finds buyers with an effect of $ 31,411.
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