Analysis: BTC futures premium hits a new high, traders predict it will test the $72,000 level again in the short term

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Golden Finance reported that on July 22nd, the price of BTC climbed to a 40-day high of $68,518, with a 19.4% increase in the past 10 days. The main driving factors include increased investor confidence in the 2024 interest rate cut by the Federal Reserve, the German government’s halt to BTC selling, and the improved attitude of the United States towards cryptocurrency regulation. The BTC futures premium reached a five-week high, indicating cautious optimism in the market sentiment. President Biden’s announcement of not seeking re-election increased the possibility of former President Donald Trump and Vice Presidential candidate JD Vance, who supports cryptocurrency, winning the election. Traders are slightly optimistic about short-term price action. Overall, the BTC market is driven by multiple factors, and the target price is expected to test the $72,000 level again.

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Bitcoingarantivip
· 2024-07-23 00:09
BUIDL 🧐
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RazkaRezkyvip
· 2024-07-23 00:08
Buy the Dip 🤑Buy the Dip 🤑Buy the Dip 🤑Buy the Dip 🤑
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E000008vip
· 2024-07-22 21:12
Buy the Dip 🤑
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