CryptoIntelligence 2024-03-13 23:35:58

Bitcoin Surges to Record Highs, Institutional Inflows Propel Market Toward $80,000 Milestone

Bitcoin Surges to Record Highs, Institutional Inflows Propel Market Toward $80,000 Milestone

On March 13, just before the Wall Street trading session commenced, Bitcoin achieved a new milestone in price discovery, demonstrating a bullish edge over selling pressures. This achievement was recorded with Bitcoin reaching unprecedented highs of $73,679 on Bitstamp, as per data provided by Cointelegraph Markets Pro and TradingView. Following a slight pause in its upward momentum the previous day, where Bitcoin stabilized near $72,000 and momentarily dipped by $4,000, it swiftly rebounded, mirroring the early week’s market dynamics that initially restricted gains due to resistance. According to CoinGlass, resistance at $73,800 briefly capped further advances. However, the path towards

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