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The positive outlook for Bitcoin continues: Is ETF approval near?

The positive outlook for Bitcoin continues: Is ETF approval near?

After starting the week with buyers, Bitcoin continued its rise towards the close of the day yesterday with the influence of some positive news about the ETF.

Bitcoin, which has increased by a significant rate of 12% in the last 24 hours, reached its highest value since May 2022, reaching up to $ 35,200 at the opening of the new day. The rise in the crypto market's largest cryptocurrency was attributed to some new developments regarding the ETF. On the other hand, the dominance of buyers at the $ 30,000 level, which is technically considered a critical resistance level, was a development that encouraged investors.

Bitcoin, which started to move horizontally with slight buyers after the positive momentum continued at the opening of the day, has encountered resistance at an average level of $ 34,800 while maintaining its positive outlook.

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