🚀 Why is the price of Bitcoin rising?
Last night, Bitcoin reached $50 thousand, the December 2021 level. The maximum BTC for 24 hours is $50,358, the minimum is $47,742.
 
Bitcoin showed positive dynamics against the background of a decrease in the rate of outflow of funds from the spot Bitcoin ETF GBTC and the completion of the sale by miners.
 
In addition, Bitcoin is approaching halving. Halvings help BTC to update its absolute maximum value. The event creates a shortage of cryptocurrency in the market. Demand remains the same.
 
The Bitcoin rainbow chart shows how expensive (red area) or cheap (blue area) the coin was at each time period. Notice how after each halving BTC rushes into the red area and updates its absolute maximum value.

🔥 Course "How to earn $500 for a beginner"
- Closed Channel AGMI
- Where do I invest?
- Exchanges: Binance, ByBit, OKX
🚀 Why is the price of Bitcoin rising? Last night, Bitcoin reached $50 thousand, the December 2021 level. The maximum BTC for 24 hours is $50,358, the minimum is $47,742.
 
Bitcoin showed positive dynamics against the background of a decrease in the rate of outflow of funds from the spot Bitcoin ETF GBTC and the completion of the sale by miners.
 
In addition, Bitcoin is approaching halving. Halvings help BTC to update its absolute maximum value. The event creates a shortage of cryptocurrency in the market. Demand remains the same.
 
The Bitcoin rainbow chart shows how expensive (red area) or cheap (blue area) the coin was at each time period. Notice how after each halving BTC rushes into the red area and updates its absolute maximum value.

🔥 Course "How to earn $500 for a beginner"
- Closed Channel AGMI
- Where do I invest?
- Exchanges: Binance, ByBit, OKX