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After rising by over $29000 on Thursday, Bitcoin prices fell to $27.5 million today

On April 11th, the world's largest cryptocurrency by market value, Bitcoin, rose above $30000, reaching its highest price since June last year.Bitcoin's trend over the past 24 hours

Bitcoin, a digital currency once considered an unstable investment, has found a surprising ally in the form of an ancient commodity: gold.Since March, the correlation between alpha cryptocurrencies and precious metals has steadily increased, providing investors with a safe haven to cope with the ongoing banking crisis and rising interest rates

[Article/Observer: Xige, editor/Zhang Guangkai]On April 11th, the price of Bitcoin broke through the $30000 mark, and the virtual currency market showed a resurgence trend, with a cumulative increase of over 80% since the beginning of this year. Just the night before, the Tiktok APP started to display the information about the price of Bitcoin in the currency circle

As 2022 draws to a close, Bitcoin will usher in 13 consecutive years of record market prices. Historical records show that in these 13 years, there will be a "Christmas rise" in December of 7 years, and a negative return in December of 5 years

Reported by Zhao Yi, Hu Jinhua, a reporter from China Times (www.chinatimes

Bitcoin prices have experienced several sharp fluctuations above the fulcrum level of $28500. BTC is currently rising and showing positive signs above $28800

Bitcoin (BTC) prices have shrugged off concerns about sudden changes in long-term dormant wallets, as well as ongoing regulatory uncertainty surrounding Coinbase's lawsuit against the US Securities and Exchange Commission due to unclear encryption rules, and have rebounded strongly to a level of over $28000 for the first time in four days.This may be due to a surge in technical buying before the 50 day moving average of $27200, as well as recent support from a low point slightly above $27000

The bullish BTC price forecast for 2023 is $28474.72 to $34259

Author: GregCipolaro, Global Research Director, NYDIG Compiled by WEEXBlogSummary: Bitcoin, as a non sovereign means of storing value, may be seen as an effective investment choice and hedging tool for those seeking to protect themselves from the conspiracies of politicians and monetary policymakers.Reading summary:The debate on the US debt ceiling is coming ahead of schedule due to the decline in tax revenue, which may highlight the importance of Bitcoin

Bitcoin traders' bids are much lower than those expected to rise rapidlyDue to BTC's efforts to find solid support, volatility remains lowDue to numerous influencing factors, from macroeconomic conditions to global regulatory changes, Bitcoin [BTC] has chosen to adhere to integration in the past few days. During this period, the gold coin successfully fell below $28000

As of early Wednesday morning, the trading price of Bitcoin was approximately $28400, an increase of approximately 3.7% within 24 hours