“For the first time in many weeks we are seeing bullish signs here and expect Bitcoin to head toward the upper end of the $30,000 to $40,000 range,” Pankaj Balani, CEO of crypto-derivatives exchange Delta Exchange, said in an email Friday. Options activity indicate that $35,000 could act as a ceiling for Bitcoin for July, he said, but added that in the next couple of months “Bitcoin should face little resistance between $35,000 and $40,000 levels.”
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