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26 July 2021

Bitcoin bulls defend yearly open after BTC price rebounds 5.5% from $29K

Bitcoin bulls defend yearly open after BTC price rebounds 5.5% from $29K


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Bitcoin (BTC) bulls could celebrate a modest victory on July 21 after record bids kept BTC/USD its 2021 opening price.

For Cointelegraph analyst Michaël van de Poppe, the fact that Bitcoin had not matched its May levels left the door open for a restest.

He added that Bitcoin was "insanely cheap" at sub-$30,000 levels.

Altcoins welcomed the relief rally in Bitcoin, Van de Poppe's curiosity over Ether (ETH) well founded as it gained nearly 6% in hours

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cointelegraph.com
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