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Bitcoin is on the Verge of a Bullish Breakout
Bitcoin price bounced back and moved above the important psychological point at $120,000 as investors bought the dip. The BTC/USD pair as trading at 120,000 on Wednesday, a few points below the year-to-date high of 123,205. This price was much higher than the April low of 74,375. Bitcoin’s jumped as investors embraced a risk-on sentiment in the market, The fear and greed index has moved to the Greed zone of 70, while a new meme stock season is underway in the stock market. Companies like Kohls, GoPro, Faraday Future, Chegg, Opendoor, and Tilray Brands jumped by over 30% on Tuesday. This growth led to more gains in ... (full story)