July 4 (Cointime) - Bitcoin's price has reached a year high due to improved investor sentiment and a surge of spot ETF applications by top US-based asset managers. Analyst Katie Stockton predicts that Bitcoin's price could spike to $36,000, citing Bitcoin's recent breakout and a decline in the volatility index as signals for potential rallies.
Despite occasional market turmoil and bearish sentiments, Bitcoin has shown resilience and conquered the $25,000 consolidation level, pushing over $30,000 in the wake of the spot BTC ETF buzz. With the asset price crossing the 200 Exponential Moving Average, Bitcoin could be gearing up for more rallies in the coming days.
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