The price of the btc has been showing a considerable rise in the last 4 hours crossing even the resistance in $ 6563. It is not known yet what could have caused this new rise but there is something clear and is that last week the price was affected in a very positive way for the closing of the next futures contracts, the day this happened the price immediately rushed up. The Tether also printed an additional 250 million USDT and the market felt the effects of this. After breaking up strongly the level of $ 6,250 BTC now looks more bullish.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.