{"id":520040,"date":"2023-02-17T14:20:18","date_gmt":"2023-02-17T14:20:18","guid":{"rendered":"https:\/\/wncen.com\/?p=520040"},"modified":"2024-06-11T08:29:44","modified_gmt":"2024-06-11T08:29:44","slug":"bitcoin-price-gets-rejected-at-25000-but-is-this-the-end","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-gets-rejected-at-25000-but-is-this-the-end\/","title":{"rendered":"Bitcoin Price Gets Rejected At $25,000, But Is This The End?"},"content":{"rendered":"

Bitcoin price already cleared one of the most-anticipated levels which was $25,000. The cryptocurrency was eventually beaten back down from this level but it has set a precedent for the whole of the crypto market. But more importantly, it seems that the bull market may finally be returning.<\/p>\n

Bitcoin Fails To Hold $25,000<\/h2>\n

On Thursday, following a positive CPI data release, the price of bitcoin rallied from the $22,800 level it was trending at to reaching over $25,000, all in the course of 24 hours. Santiment outlines the events that led to this level as the crypto market finally plunged back into positive sentiment.<\/p>\n

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\ud83d\udcca A wild first half of February included a #Bitcoin<\/a> 8-month high, an #SEC<\/a> lawsuit pertaining to #BUSD<\/a>, and a massive crowd sentiment shift. Our mid-month February market report covers where we stand, and how to allocate your portfolio optimally. \ud83d\udc4d https:\/\/t.co\/qzi9MF50ny<\/a> pic.twitter.com\/1RyGWJjzg3<\/a><\/p>\n

— Santiment (@santimentfeed) February 17, 2023<\/a><\/p><\/blockquote>\n