Bitcoin Overcomes Resistance and Demonstrates Robust Upward Trend

However, in contrast to the previous instance when Bitcoin examined the $70,000 range, the circumstances are markedly distinct. The bullish investors now possess a significantly greater likelihood of sustaining the upward trajectory. Julio Moreno, a prominent cryptocurrency analyst and the head of CryptoQuant research, asserted that the profit margin at the present market prices stands at a mere 3%, in comparison to the impressive 69% witnessed in mid-March during the escalation of prices. Stay updated on the most recent financial and business news by visiting COINTURK FINANCE.