{"id":291976,"date":"2021-06-14T05:43:51","date_gmt":"2021-06-14T09:43:51","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=291976"},"modified":"2021-06-14T05:44:00","modified_gmt":"2021-06-14T09:44:00","slug":"bitcoin-jumps-12-to-39338-where-to-buy-btc-bulls","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-jumps-12-to-39338-where-to-buy-btc-bulls","title":{"rendered":"Bitcoin Jumps 12% to $39,338 \u2013 Where to buy BTC Bulls"},"content":{"rendered":"
Bitcoin has been experiencing a strong gain in recent weeks after a devastating meltdown in May that made the token lose nearly 50% of its value. Compared to altcoins, bitcoin<\/a> has been showing overwhelming resistance and looking at its values now, the coin seems to be regaining, and we may be back to the above $40,000 levels.<\/p>\n Bitcoin’s bad luck was caused by increasing China regulations on the crypto market. Besides, Elon Musk stopping his partnership with bitcoin also triggered a massive selloff. At the time of writing, bitcoin was trading at $39,338, a significant gain over the weekend.<\/p>\n BTC has broken out of its previous resistance level, and the token is now moving up towards a higher resistance level of $43,250. Last week, bitcoin fell to its lowest level of $31,000, but it has bounced up again, and it has reached a weekly high of above $39,000.<\/p>\nBitcoin Price Analysis<\/h2>\n