bitcoin touches 45k amid petrobitcoin sentiment

Bitcoin reaches $45k as a result of the ‘PetroBitcoin’ sentiment.

Bitcoin surged above critical resistance levels to reach highs last seen in February, aided by a slew of macroeconomic factors.

Bitcoin has increased by 10% in the last week, reaching its highest price since February 24, when it briefly traded above $45,000.

On Friday, the Bitcoin (BTC-USD) pair gained more than 4% in intraday advances, reaching highs slightly above $45k. The pair has subsequently receded, although they are still far above $44,700 as of this writing.

Read More: Source coinjournal