Bitcoin Took Flight Today
Bitcoin is up around 4.28% in the last 24 hours and is currently trading at $62,986. Although it rose to $63,833 today, sellers who wanted to take profits prevented it from moving higher, but Bitcoin looks so strong that it can clear there in the coming sessions. The reduction in interest rates has caused a rise in many markets, especially Bitcoin. If interest rates are reduced further in the coming months, we may see Bitcoin move even higher. I still think Bitcoin is very cheap. We'll wait and see.
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