June 23 (Cointime) - Bitcoin has been experiencing a rally for the past three days and shows no signs of slowing down. Despite predictions of a downward correction after surpassing the $30,000 resistance, current levels and investor sentiment suggest that the digital asset still has room to grow.
The Bitcoin Fear & Greed Index is currently at one of its highest levels in the past year, indicating positive sentiment from investors. The entrance of institutional investors into the crypto market, including BlackRock and WisdomTree filing for Bitcoin ETFs, could push the price up to $35,000 and potentially even to its previous all-time high of $69,000 if the ETFs are approved.
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