198: 3 KEY FACTORS WHY BITCOIN PRICE EXPLODED TO $9.4K OVERNIGHT | BTC Halving 2020 Explained

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - April 30, 2020 13:40 - 19 minutes - 9.5 MB - ★★★★ - 537 ratings
Technology Education bitcoin binance bitcoinnews bitcoinnewstoday bitcoinprice bitmex blockchain btc btcnews crypto Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 197: Tone Vays Says $100,000 Bitcoin Predictions in Play If BTC Breaks These Pivotal Lines of Resistance

Next Episode: 199: BITCOIN SURGED 4,000% AFTER IT TOOK THIS LEVEL IN 2016. IT JUST HAPPENED AGAIN!! | BTC Halving 2020

For complete show notes and for the full premium experience with video, visit our YouTube channel at CryptoNewsAlerts.net

Bitcoin price has soared from $7,700 to $9,500 in 24 hours, mainly driven by three key factors that triggered the short-term rally.

The BTC price increased from $7,700 to $9,500 overnight, increasing by 23%, according to Coinmarketcap, in less than 24 hours.

The three main factors that catalyzed Bitcoin’s recent rally are record-high spot exchange volume, a breakout above historical resistance levels, and a noticeable rise in institutional demand.