Grayscale Triumph: SEC Crushed, GBTC Rockets Towards ETF, Bitcoin Targets $28,000 🔥

in light of the recent developments regarding Grayscale’s legal victory, $BTC effortlessly surpassed the $27,000 mark and briefly reached $27,500.

To sustain its recovery, #bitcoin must maintain the $27,000 level and avoid falling below the moving average once again. Establishing the MA as a new support level would safeguard against short-term price declines.

Furthermore, it would position the cryptocurrency favorably for another attempt to overcome the resistance at $28,000, should it fail to breach this barrier in its initial efforts.