Bitcoin Soars Fearlessly as Bullish Sentiment Remains Solid
The strong bullish sentiment remains with Bitcoin as it soared more than 4.4% yesterday. The price of $13,000 has become a new support level for Bitcoin. Increased interest in buying Bitcoin among institutional investors triggered the significant rally in Bitcoin’s price this time. For instance, Grayscale increased holding up to 4,414 Bitcoins on the 26th of Oct, after Paypal’s announcement to support cryptocurrency as one of their payment gateways. These events show that this bullish trend backed by institutional investors could last longer than ever before.
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