4 reasons Bitcoin is about to reclaim $38K putting all-time highs back in play

4 reasons Bitcoin is about to reclaim $38K putting all-time highs back in play

Bitcoin will likely break out of the dreaded $38,000 resistance areas if four factors buoy the momentum of BTC. The price of Bitcoin (BTC) has risen above $38,000 after nearly 21 days below this level with the exception of the "Elon Musk" rally last week. There are four major factors that have coincided with the rebound in BTC price above this key level that could see Bitcoin have another go at $42,000.These factors include the neutral Relative Strength Index (RSI) indicator, miner outflow decreasing, exchange netflow back into negative, and whale accumulation.Whale accumulation coincides....


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