Bitcoin Tops $44K Amid Rumors of Terra's LFG Accumulating BTC

Analysts remain confident of the near-term prospects. “We are at the upper band of resistance currently as BTC approached 2022 highs. With the spot flow we have been seeing, we are cautiously optimistic that there will be a continuation of the medium-term uptrend and a run to $50,000,” Matthew Dibb, COO and co-founder of Stack Funds, said.

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