ShareTweet 0 Bitcoin (BTC) has now surged for the third consecutive day, with the world’s largest crypto asset by market cap rising 4.11% and a total of $1,705 to $33,765 in the last 24 hours, according to CoinMarketCap.com Bitcoin has recovered from a monthly low this week after testing the crucial $29k support level on Tuesday, in particular, the recent recovery appears to have been boosted by comments from Elon Musk on Wednesday that SpaceX has invested in Bitcoin. At press time, the flagship currency’s market dominance currently stands at 45.87%, increasing 0.13% over the day. Overall, BTC now has a market cap of $633.62 billion, a 4.7% increase; meanwhile, the volume is up in the last 24 hours by 17.03% to a total of $23.44 billion. On-chain analyst: Willy Woo projected “9 more hours from daily close. If the price holds these levels, RSI breakout will confirm. RSI leads price breaks with quite high reliability.” In this example, the price broke out after maintaining these levels, confirming his prediction.
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