The report confirmed that bitcoin indicators on and off strings indicate asset appreciation. One of Bloomberg's main metrics is the number of active addresses.
Where the agency explained that the highest price at the end of the day for Bitcoin in 2019 was $ 12734, based on Bloomberg prices. Unless the headlines progression is surprisingly reversed, history indicates that Bitcoin may be attracted to this level.
The agency suggests that the continued growth of the Bitcoin Trust Fund from Gray Skill and the shrinking increase against the Bitcoin spot market should also be interpreted as bullish for the market.
The agency said in the report: On an average of 30 days, the fund’s 20% increase in net worth of its core assets is compared to the historical average of 39%.
The report also indicates that the recent decision taken by the US Bureau of Currency Controller to allow American banks to provide services to save digital assets should remove the last obstacle to institutional investors. p>
However, the report stresses that it is necessary for Bitcoin to break through the top of the $ 10,000 to maintain this momentum.
Although the agency remains optimistic about Bitcoin, its level of optimism appears to be dwindling. In late June, the publishing company was signaling that Bitcoin was looking to resist $ 13,000; In early June, she expected to rise above $ 20,000.
It is noteworthy that the price of bitcoin is currently approaching a lot from the levels of 11 thousand dollars, after rising more than 5% at levels of 10955 dollars.
(Fun Knowledge of Knowledge)
