June 30 (Cointime) - Bitcoin reached a high of $31,000 before dropping to $30,000, but recent consolidation has indicated a bullish signal. The market is waiting to see if the bulls will push the price up again.
Positive news, including Blackrock filing for a Bitcoin Spot ETF and Fidelity refiling for a Bitcoin spot ETF, may help push the price up. The expiration of $4.7 billion BTC monthly options on June 30th could also play a role in determining whether $30,000 will remain a long-term support level.
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