Bitcoin Could See $28K, by the End of July

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Over the past 24 hours, Bitcoin has increased by 5.43 percent. On the Bitstamp platform, the cost of Bitcoin, the biggest cryptocurrency in the world, reached an intraday high of $23,684 earlier today.

In the foreseeable future, the momentum seems to be "positively sloped." The expert thinks that restoring bullish sentiment would occur near the $25,320 level.

In fact, Analyst Newton says that "before any backing and filling," the cryptocurrency may potentially recapture the $28,000 level.