Will the price of Bitcoin collapse again?

Strong technical resistance levels And A high number of profitable traders laid THE risk of modest withdrawals In THE Bitcoin market.

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Bitcoin (BTC) price has bounced by more that 12.50% just three days After struck A two months weak of approximately $56,550, reach on $64,000 on Can 4.

BTC/USD every day price chart. Source: TradingView

This recurrence has has been mostly powered by THE WE. Federal Reserves commitment has maintain interest rates unchanged all along 2024. In addition, positive WE. job data, developer A decline In unemployed complaints has their the lowest Since mid February, has further reinforced Bitcoin in progress price recovery.

East there potential For Bitcoin has continue It is to the top...