Bitcoin (BTC) is approaching all-time highs as it edges closer to ,000 and ,800 resistance levels. The cryptocurrency is edging closer to its rematch with final resistance after two months of consolidation. Factors contributing to the bullish continuation include cues from United States economic policy, such as Federal Reserve minutes and unemployment data. Meanwhile, liquidity conditions in the U.S. and beyond are favorable for crypto markets. Bitcoin ETFs have seen renewed interest since March highs, with inflows hitting almost billion last week. The amount of Bitcoin available for purchase on major trading platforms is at its lowest since 2017, providing further evidence of strong demand for BTC.
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