Bitcoin On Fire: 20% Surge In 3 Weeks Teases Record-Breaking Potential

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Bitcoin On Fire: 20% Surge In 3 Weeks Teases Record-Breaking Potential - NewsBTC

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The ratio of positive vs.negative comments toward BTC has launched to its highest level since March, 2023 as an all-time high is back on radars.pic.twitter.com/sDbsAK9qCg — Santiment (@santimentfeed) July 28, 2024 The New Bull Market Based on historical patterns, Bitcoin price spikes have typically matched an increase of new crypto players and companies that are motivated by fear of missing out, or FOMO.

Positive Anticipation Positive technical indications and optimistic price forecasts help to support the enthusiasm around the recent success of Bitcoin.Currently selling 30.32% below the projected price for next month, Bitcoin is predicted to keep on its upward trend in the near term, data from CoinCheckup show.

These elements have restored investor trust and reintroduced Bitcoin to new and experienced users.🤑 Bitcoin’s +20% 3-week price rally has left traders feeling a whole lot more bullish than they were at the beginning of the month.