Bitcoin notched its highest weekly shut since June. After briefly breaking above $25,000 this weekend, the world’s largest cryptocurrency sits at $24,000.
On June 18, 2022, bitcoin bottomed out at $18,000 and has been on a gradual rise to present value ranges ever since. Upward consolidation is the present pattern, and I referred to as July a rebound month for bitcoin and crypto markets in the latest month-to-month crypto report. Bitcoin continues to ascertain greater highs and decrease lows.