Bitcoin (BTC) initially slipped to a low of $29,835 before surging to $31,430 and breaking through the First Major Resistance Level at $30,435 and briefly through the Second Major Resistance Level at $30,951. The lack of external market forces is expected to leave BTC vulnerable to the crypto news wires. The approval of the first US Bitcoin ETF by the SEC is expected to encourage institutional investors to enter the digital asset space with more confidence, which should support gains. BTC was down slightly, at 0.23%, to $30,641.
AI Sentiment: Positive
