Analysts expect bitcoin to pause at around $40K before its next leg up.
Lower support near $36K could stabilize a pullback.
Technical data suggests lower support around $34,000 could stabilize the current pullback.
The app allows users to pay for everyday purchases at national chain retailers with their DASH holdings.
Bitcoin is in pullback mode with lower support near $32K-34K.
The strong bounce in bitcoin over the weekend occurred as shorts covered positions.
Monday's bitcoin rally could encourage digital-asset inflows because many investors have been on the sidelines since the sell-off in May.
Upside momentum is improving after several months of consolidation.
Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.
The Axie Infinity platform's revenue could exceed $1 billion this year, based on a Delphi Digital projection.
Bitcoin is holding onto gains above $30K.
Bitcoin is holding up following a strong bounce from $30,000 support.
Bitcoin buyers should remain active above $30K support.
A Goldman Sachs survey of family offices found that 15% already invest in cryptocurrencies and another 45% are interested.
Bitcoin and other cryptos rallied as Musk boosted bullish sentiment during The B Word conference.