menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinist

3w

read

269

img
dot

Image Credit: Bitcoinist

Bitcoin Dominance Climbs Higher In June – Institutions Absorb Speculative BTC Demand

  • Bitcoin is testing critical resistance levels, potentially signaling a breakout into uncharted territory amidst attention from analysts and investors.
  • BTC's dominance in the total crypto market cap rose by 1% in June, emphasizing its appeal to institutional investors over altcoins favored by retail traders.
  • Bitcoin's market share growth reinforces its position as a reliable store of value, with analysts predicting a surge past $150,000 if a clean breakout above the all-time high is confirmed.
  • BTC's consolidation below the all-time high at $112,000 with tight price action between $103,600 and $109,300, indicating the need for a significant breakout to establish new highs.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app