Bitcoin Reclaims $30k Level! Will Bitcoin Price Catchup With Nasdaq 100 ? - BitcoinEthereumNews.com
BitcoinBitcoin Reclaims $30k Level! Makakahabol ba ang Presyo ng Bitcoin Sa Nasdaq 100?05 / 29 / 2022Balita ng Ethereum ng Bitcoin Bitcoin (BTC), the worlds largest cryptocurrency, is up 5% in the last 24hrs, breaking beyond $30,000 levels. Bitcoin continued to fall last week, with a significant decoupling from tech stocks and the Nasdaq-100. With a positive on Sunday, it appears like Bitcoin is attempting to reclaim lost territory. BTC has recovered its negative gains thanks to recent increases and is presently trading at uniform levels on the weekly chart. Meanwhile the Nasdaq 100 finished last week with gains of about 7%. Lark Davis, a cryptocurrency expert, feels that a relief rally is imminent. He also explains the relationship between Bitcoin and the Dollar Index. Pababa ng Bitcoin Sa $26k! The major question now is whether Bitcoin can maintain this relief rally after the latest price increase. Bitcoin, according to Antoni Trenchev, co-founder and managing partner of crypto lender Nexo, is on the verge of hitting new lows. In an interview with Bloomberg, Trenchev stated that this is not the kind of de-correlation anyone wants. Because as per Trenchev, Bitcoin price still needs to test $26,000 May 12 lows and its only a matter of time