According to the data from Farsidge Investors, Blackrock’s Bitcoin (BTC) bought ETF $ 351.4 million from the asset on May 1. The world’s largest asset manager has bought $ 3.2 billion for BTC since April 22.
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Bitcoin wins in the middle of Big Blackrock purchases
BTC is traded in the green zone all over the line today. Access has increased by 1% in the daily charts, 3.5% in the weekly lists, 14.8% in the 14-day diagrams, 14.3% in the monthly charts and 67.8% since May 2024.
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Other hausse -like developments may also have helped BTC’s latest rally. SEC’s new Pro-BTC manager, Paul Atkins, is expected to take a cautious attitude on the crypto gym. We can be in the early stages of another haus -like leg.
Will the asset recover $ 100,000 soon?
BTC can be in the early stages of another large rally. Access is facing a certain resistance of the $ 97,000 mark. Overcoming this barrier can take BTC in addition to $ 100,000.
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CoinCox presents a very hooked sight for bitcoin (BTC). The platform expects the asset to hit a new highest time of $ 133,784 on May 10. The platform does not expect BTC’s price to hold over $ 130,000. Coincex expects a correction to the $ 102,000 level by June 24.
