Can Bitcoin Rise Above $25,000

Can Bitcoin Rise Above $25,000

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Mike Novogratz, CEO of Galaxy Investment Partners, in an interview with CNBC, said that the forced deleveraging in the crypto space was over and the markets may have hit an equilibrium. He said that Bitcoin “remains a really good macro asset for an environment where the macro is pretty uncertain.” Novogratz added that Ethereum’s upcoming Merge in September could be a major catalyst that may generate enthusiasm among investors. The bulls repeatedly pushed Bitcoin above the overhead resistance at $24,666 last week but they could not sustain the higher levels. This suggests that the bears are aggressively defending this level. KEY TRADING LEVELS BITCOIN - BTC/USD ETHEREUM - ETH/USD BINANCE - BNB/USD Top Content This Week! Instagram Expands NFT Feature  NFT Marketplace OPENSEA  Age of Zalmoxis: Rise of the Elronds Top Article This Week! Clean carbon Providing Waste  Globiance: A Revolutionary H20 Securities Blockchain  Earnings Disclaimer The information you’ll find in this email is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgment and perform due diligence before using the information in this email. Your success is still up to you. Nothing in this email is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. We also recommend that you check all UK laws to make sure you are in compliance when you create your online business. If you break the city or other local laws, we will not be held liable for any damages you incur

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