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Bitcoin Bulls Prepare for Potential Seasonal Surge as Matrixport Predicts Rally to $35,000

June 28 (Cointime) - Bitcoin is currently hovering above $30,000 after a recent dip from its 12-month high of over $31,000. Investors are anticipating a seasonal surge in Bitcoin price, as the cryptocurrency has historically performed well in July. Matrixport predicts a rally to $35,000, but warns of a possible pullback to $30,000 before the next spike.

Recent developments in the crypto market, such as Blackrock's filing for a Bitcoin ETF, could provide the necessary momentum for Bitcoin to reach $35,000 in the short term. Meanwhile, Curve Pool's percentage has increased to 70% following the Prime Trust disaster, the UK's Law Commission stresses the need for crypto laws to establish global leadership, and a judge has ruled against Sam Bankman-Fried's motion to dismiss most charges.

Bitcoin Bitcoin $98,414.37
+1.89%
Bitcoin Cryptocurrency Rally BlackRock
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