Bitcoin's trading volume substantially increasing
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Still, prudence is advised, notwithstanding the optimism. Before the market makes a clear move, it may consolidate around the $65,000 mark, which is a major psychological barrier. To assess the strength of this uptrend, investors should keep a close eye on the volume and price action. The trajectory of Bitcoin will also be greatly influenced by outside variables like macroeconomic events and news of regulation. Bitcoin may be able to maintain its upward momentum with the help of favorable regulatory developments and growing institutional adoption.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.
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