{"id":410558,"date":"2023-06-21T17:47:03","date_gmt":"2023-06-21T17:47:03","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=410558"},"modified":"2023-06-21T17:49:18","modified_gmt":"2023-06-21T17:49:18","slug":"bitcoin-rockets-above-30000-is-the-bullish-momentum-returning","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-rockets-above-30000-is-the-bullish-momentum-returning","title":{"rendered":"Bitcoin Rockets Above $30,000: Is the Bullish Momentum Returning?"},"content":{"rendered":"
Bitcoin price surge above $30,000 for the second time in 2023 has sparked a glimmer of hope<\/span> among bullish investors. These investors see it as a potential catalyst for renewed confidence in the crypto market.<\/p>\n However, questions remain about whether this uptick signifies the end of the bear market and the return of the bull run or if it’s merely a bear market rally that will eventually lead to new lows. A closer examination of the latest price action is necessary to understand the current scenario better.<\/p>\n The crypto market was under siege a week ago as the SEC cracked down on altcoins. Negative news lurked around every corner. However, the tides have recently shifted, and the news cycle has turned positive.<\/p>\nBitcoin Bounces Back: Price Surges to $30,000 Amid Shifting News Landscape<\/h2>\n