At the same time, the positive mood on the global stock markets sets up that we will already see a test of this important level today.
The FxPro Analyst Team mentioned that now we will see the return of the bullish trend only after a couple of days of confident growth above the 200-day Moving Average.
However, the sale of bitcoins can also take place to buy altcoins, which are growing stronger than the first cryptocurrency in the bull market.
DataDash CEO Nicholas Merten believes that short-term investors and traders with leverage influence the volatility of bitcoin, and “whales” influence the growth.
CEO of Tesla, Elon Musk, plans to create his own open-source social network with support for the DOGE cryptocurrency.