The point of control has been acting as a good area of support for the bulls around $7,200 with it only briefly being lost on three occasions. The daily candles show four back to back green candles, which has not occurred since July, and the most notable volume bars appear to be won by the bulls, which is a positive sign.
Source News here
(Not click campaign, just sharing information)
Source: TradingView
It looks like more Investors are willing to Buy since WW3 News popped up. Or it might be for some other reasonings like Bitcoin upcoming Halving. But who knows (my own speculations).
We already know such happenings will occur within such small time frame till the next halving.
But these World War announcements and fuzzes all across the global has reached so many people that Investors might want to put their chances into the virtual currency for hodling their funds.
Or it could also be something due to halving for the upcoming price swing.
What do you think the recent price jump is due to? Iran attack, halving or something else?