Hello everyone!
The week started with a bright growth of Bitcoin, which broke through the $64,000 mark. The main drivers are the liquidation of shorts for $44 million and political uncertainty before the US elections, which attracted investors to cryptocurrencies. Another important factor is the decrease in Bitcoin reserves on exchanges, which creates a deficit, supporting price growth. Plus, the consequences of the halving continue to affect the supply limitation.
I wonder what's next? Both corrections and continued growth are possible if positive factors persist.
