Bitcoin Reaches $30,000

Bitcoin has managed to reach $30,000 or little above, showing that continues on positive fields.

 

This month, the price has surged over 12 % and practically remains at yearly high levels.

 

The reason behind this seems to be BlackRock application for Bitcoin ETF, in cooperation with Coinbase.

 

Even if there is enough mobility in the price, the liquidity in crypto exchanges remains at low levels. What this means ?

 

That maybe large player, the “crypto - whales” have started to buy again and found the perfect opportunity to expand their portfolio.

 

This move might bring new actions in Bitcoin, in any case, the buyers won’t be the same. In the last economic crypto cycle, Goldman Sachs and Morgan Stanley had entered dynamically but the market moves will belong only to large wallets………….