đ Bitcoin Soars to $63,000! đ
Bitcoin has made a triumphant return to the $63,000 level, marking a two-week high on July 15! This surge has some analysts buzzing that the downtrend might be over. đ
On-chain analytics platform CryptoQuant attributes this rise to U.S. whales and institutional investors diving back into the market. The Coinbase premium gap indicates strong buying pressure from U.S. investors, suggesting a trend shift. đ
While this rebound compensates for recent declines, analysts believe more upward momentum is possible, especially with over a billion dollars flowing into spot Bitcoin ETFs last week. đ
Stay optimistic, Bitcoiners! đ