{"id":50280,"date":"2023-06-25T14:48:49","date_gmt":"2023-06-25T14:48:49","guid":{"rendered":"https:\/\/lydian.io\/?p=50280"},"modified":"2023-06-25T14:48:51","modified_gmt":"2023-06-25T14:48:51","slug":"bitcoin-hits-new-all-time-highs-in-three-countries-as-btc-price-surges-by-31000","status":"publish","type":"post","link":"https:\/\/lydian.io\/bitcoin-hits-new-all-time-highs-in-three-countries-as-btc-price-surges-by-31000\/","title":{"rendered":"Bitcoin hits new all-time highs in three countries as BTC price surges by $31,000","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
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Bitcoin (BTC) hit $31,000 on June 25 for the third time this 12 months because the weekly shut promised volatility.<\/p>\n
BTC\/USD 1 hour chart. Supply: TradingView<\/p>\n
Information from Cointelegraph Markets Professional and TradingView<\/a> confirmed BTC value motion specializing in yearly highs.<\/p>\n BTC value remained sturdy over the weekend as consideration targeted on geopolitical occasions in Russia and surrounding states. <\/p>\n As tensions eased that day, curiosity remained as to how markets would react on the June 26 open, with the weekly candle shut - already a basic supply of volatility - taking priority.<\/p>\n In a latest evaluation, standard dealer Rekt Capital put the \"most optimistic state of affairs\" for the week to shut above the essential $30,000 mark.<\/p>\n #BTC<\/a> has damaged the multi-month downtrend (blue)<\/p>\n But when $BTC<\/a> performs a weekly shut like this \u2013 a brand new downtrend might kind (black)<\/p>\n This could possibly be the start of a brand new sample<\/p>\n Loads can change by July<\/p>\n Most bullish state of affairs -> Weekly shut above ~$30,000#crypto<\/a> #Bitcoin<\/a> pic.twitter.com\/i9rdXCdymb<\/a><\/p>\n \u2014 Rekt Capital (@rektcapital) June 22, 2023<\/a><\/p>\n \u201cBTC rejected the $30,000 resistance in mid-April. Let's have a look at if $BTC can flip $30,000 into assist,\" learn one other submit added<\/a> over the weekend.<\/p>\n Crypto dealer Tony stays hopeful of one other surge to $32,000 if Bitcoin efficiently consolidates close to $31,000.<\/p>\n $BTC<\/a> \/ $USD<\/a> - To replace <\/p>\n If bitcoin can consolidate close to these highs at $31,000, a surge to $32,000 is not going to be an issue <\/p>\n I consider within the cops pic.twitter.com\/lOl7AQ6RIl<\/a><\/p>\n \u2014 Crypto Tony (@CryptoTony__) June 25, 2023<\/a><\/p>\n Rather less assured, Micha\u00ebl van de Poppe, founder and CEO of buying and selling agency Eight, questioned the bulls' skill to maintain the upward momentum.<\/p>\n