#bitcoin (#BTC ) reached new #2023 highs on July 6 as a fresh bounce off key support buoyed bulls. Data from Cointelegraph Markets Pro and TradingView showed BTC price action surging through the top of its recent trading range. Analysts had previously reckoned on the largest cryptocurrency dropping further, potentially reaching $28,000 to offer a classic "buy the dip" opportunity.

With momentum headed back upward, Michaël van de Poppe, founder and #CEO of trading firm Eight, was optimistic. The uptick came several hours after Larry Fink, CEO of largest global asset manager BlackRock, called Bitco in an "international asset" and listed several advantages during a live interview.