Crypto Daily – This looks as though it could be it. The price has bounced and recovered quickly from four days of selling. Briefly touching $63,500, the $BTC price is now at around $67,000. This weekend, or the following week, could see $BTC bulls attempt the all-time high at $73,800. Are you aboard this train?
135 days of sideways and down price action have elapsed since Bitcoin made a new high back in mid-March of this year. Since that high, four separate attempts have been made to surpass it. All failed – all were rejected. This latest attempt is still in the making. It started from the deepest reversal ($53,500) and after having reached $68,500, the price pulled back to $63,500, and is now rapidly reversing to the upside again.
This time can be different
So how can Bitcoin punch through the previous all-time high on this occasion? What has changed that will not result in $BTC getting rejected once again?
Probably one of the biggest factors this time…
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