It has been almost a month now that Bitcoin market value has hovered around $30,000.
Until mid-June it had suffered a bit, with a decline that began in the second half of April and continued throughout May. But since falling below $25,000 in mid-June, it has rebounded and in less than a week returned above $30,000.
Since then, which is to say for the past 27 days, it has almost always remained around this figure.
Bitcoin’s yearly highs in USD value
During this period, it has twice updated the 2023 annual highs previously made around mid-April.
Indeed, the first breach of the year’s high of $30,000 occurred on 11 April, with the high of $31,000 also being breached three days later. On 14 April it made its first annual high above this figure, at $31,050.
Then, until 23 June, the price of BTC had never again managed to return above $31,000, which is when it made a new 2023 annual high above $31,400.
This record held until 6 July, when it briefly broke even above $31,500, but
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