Bitcoin has seen a notable rise, surpassing the price of $87,000, thus recording its highest level since the beginning of the year. This increase came as a result of the US dollar index declining by 1.43% following statements by former US President Donald Trump, who criticized the Federal Reserve's policies, which increased the appeal of digital assets as a safe haven.
Bitcoin breaks the $87,000 barrier and continues to rise supported by the dollar's decline.
The real-time analysis indicates resistance at 88K and support at 86.8K.
Are we witnessing a breakout towards 90K soon?
#Bitcoin #Crypto #BTC
$BTC