Bitcoin (BTC), the world’s largest cryptocurrency, is up 5% in the last 24hrs, breaking beyond $30,000 levels. Bitcoin continued to fall last week, with a significant decoupling from tech stocks and the Насдак-100.
With a positive on Sunday, it appears like Bitcoin is attempting to reclaim lost territory. BTC has recovered its negative gains thanks to recent increases and is presently trading at uniform levels on the weekly chart. Meanwhile the Nasdaq 100 finished last week with gains of about 7%.
Lark Davis, a cryptocurrency expert, feels that a relief rally is imminent. He also explains the relationship between Bitcoin and the Dollar Index.
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Source: https://coinpedia.org/news/bitcoin-reclaims-30k-level-will-bitcoin-price-catchup-with-nasdaq-100/