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Bitcoin Price Builds Momentum for Push to $7K


Neo-rock

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There is a green signal in bitcoin after a great fall it's back with full power.

Hence, BTC could rise to $7,000 in the short-term and extend into further gains if its move toward the psychological hurdle is backed by a sharp rise in the trading volume.

That said, the crypto asset's 24-hour trading volume stands at $4.61 billion, according to CoinMarketCap, down 8 percent from Monday despite a bearish-to-bullish trend change.

There might be a chance the bitcoin price will be unstoppable.because all the crypto statistics shows common where once the value fall to least then raise to highest.evtually its raising.

What's more, the Chaikin money flow (CMF) oscillator, which measures the buying and selling pressure, has turned positive for the first time since May 20 and currently stands at the highest level since May 10. The positive print indicates the money is flowing into bitcoin and adds credence to the bullish falling channel breakout.

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