Key Takeaways:
- Bitcoin has re-captured the first level in three months of at least $80,000 marking the renewed momentum.
- The support of the rally is strong ETF inflows and the rising global risk sentiment.
- BTC has also recovered almost 30% of its February low, and traders are monitoring higher levels.
Bitcoin has rebounded above a major psychological level to trigger a rebound in bullish sentiment in the crypto market. The shift is given by the fact that the macro conditions have stabilized and the institutional demand continues to accumulate.
Bitcoin Reclaims $80K
In the early trading of Monday, Bitcoin shot above $80,000, now its highest price since the end of January. The movement...
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