Bitcoin, the favorite of the cryptocurrency market, has returned to the $10,000 level. Bitcoin is increasing at very high rates.
Bitcoin broke the $10,000 resistance
The fluctuation in the cryptocurrency market in 2019 was disappointing for Bitcoin. While a similar picture was followed in 2020, Bitcoin made a critical distinction.
Bitcoin, which has been on the rise in recent months, has managed to break the $ 10,000 resistance that investors are looking forward to. As a result, Bitcoin has returned to $10k levels again. It is stated that the tension between the USA and China was effective in this rise in Bitcoin.
Bitcoin, which is currently in a critical triangle, is expected to break this triangle and continue its rise. However, June, which is described as a bull-bear in the cryptocurrency market, has generally been positive for Bitcoin. Looking at the end of June of 2014-2019, it seems that Bitcoin only dropped in 2018. Analysts say that Bitcoin may be in an uptrend at the end of this month.