According to the article, there is a growing appetite for Bitcoin among whales and institutions due to the increasing number of Bitcoin spot ETF applications. The article also highlights the rise in institutional activity for Bitcoin and the surge in large BTC transactions worth over $100,000. Bitcoin has recently surpassed $35,000 for the first time since May 2022 and has gained approximately 15% over the past week. The article suggests that this may signal the beginning of a new bull market. The next resistance level for Bitcoin is $35,000, and a break above could lead to further gains. Support for Bitcoin is seen at around $30,000. Additionally, the article mentions the potential for El Salvador to become a financial hub in the Americas, the impact of the Federal Open Market Committee meeting on the crypto sector, and a gynecologist in India who lost a significant amount of money to a Facebook imposter claiming to be an expert in crypto trading.
AI Sentiment: Positive
