What’s Behind The Bitcoin Rally To $7,000? A Look At The Crypto Scene –

Bitcoin Toys With $7,000 In the past few weeks, Bitcoin (BTC) has been on a ‘helluva’ tear. Case in point, in the past 72 hours, the cryptocurrency has moved from $6,300 to $7,000, and has yet to notably retrace to short-term support levels. While some have been expecting this jaw-dropping move for weeks, what exactly is behind this rally? Ethereum World News will break down some of the factors likely pushing the digital asset market higher. Technicals And On-Chain Analytics First, let’s take a look at technical indicators and Bitcoin’s…