Bitcoin price targets $35K bounce level on El Salvador legal tender milestone by cryptonized

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· @cryptonized ·
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Bitcoin price targets $35K bounce level on El Salvador legal tender milestone
<center>![](https://steemitimages.com/640x0/https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvM2EyNzNmNDktNGRlYy00ZDU0LTgxZjgtYmY3ZDRhNTEyMmM5LmpwZw==.jpg)</center>
#### [Bitcoin price targets $35K bounce level on El Salvador legal tender milestone ](https://cointelegraph.com/news/bitcoin-price-targets-35k-bounce-level-on-el-salvador-legal-tender-milestone)
> "Bitcoin is now officially legal tender in a sovereign state for the first time, but can it exit its bearish price phase?"

<sub>*Read more: [cointelegraph.com](https://cointelegraph.com/news/bitcoin-price-targets-35k-bounce-level-on-el-salvador-legal-tender-milestone)*</sub>

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

## More news sources

#### [Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story](https://news.bitcoin.com/bitcoin-keys-cannot-be-hacked-skeptics-question-the-official-colonial-pipeline-bitcoin-seizure-story/)
> On June 7, the United States Justice Department and the Federal Bureau of Investigation (FBI) announced the &#8220;recovery&#8221; of 63.70 bitcoin from the funds Colonial Pipeline sent to the hackers. The official story has a number of inconsistencies an...

<sub>*Read more: [news.bitcoin.com](https://news.bitcoin.com/bitcoin-keys-cannot-be-hacked-skeptics-question-the-official-colonial-pipeline-bitcoin-seizure-story/)*</sub>

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

#### [Mike Novogratz: Bitcoin Investors Waiting for a New Narrative Shift](https://news.bitcoin.com/mike-novogratz-bitcoin-investors-waiting-for-a-new-narrative-shift/)
> Mike Novogratz declared institutional investors are waiting for the next narrative shift in a recent interview at the Bitcoin 2021 conference in Miami. The CEO of Galaxy Digital thinks the market is now in a consolidation phase after the price crash last ...

<sub>*Read more: [news.bitcoin.com](https://news.bitcoin.com/mike-novogratz-bitcoin-investors-waiting-for-a-new-narrative-shift/)*</sub>

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

#### [Catch Up On Bitcoin 2021, The Biggest Bitcoin Event Ever](https://bitcoinmagazine.com/industry-events/watch-the-content-from-bitcoin-2021)
> Bitcoin 2021 was the biggest Bitcoin event in history. You can find all of the content on Bitcoin Magazine’s YouTube page.

<sub>*Read more: [bitcoinmagazine.com](https://bitcoinmagazine.com/industry-events/watch-the-content-from-bitcoin-2021)*</sub>

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

#### [El Salvador is one step closer to making bitcoin legal tender after proposing new law - CNBC](https://www.cnbc.com/2021/06/09/el-salvador-proposes-law-to-make-bitcoin-legal-tender.html)
> If approved by the legislative body, El Salvador would become the first nation in the world to give the bitcoin the status of legal tender.

<sub>*Read more: [www.cnbc.com](https://www.cnbc.com/2021/06/09/el-salvador-proposes-law-to-make-bitcoin-legal-tender.html)*</sub>

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

## Other hot crypto news today
- [Bitcoin Barrels Into 'Death Cross' as Chartist Backdrop Darkens - Bloomberg](https://www.bloomberg.com/news/articles/2021-06-08/bitcoin-barrels-into-death-cross-as-chartist-backdrop-darkens)
- [Byron Wien Sticks to 4500 Target for S&P 500, Shuns Bitcoin - Bloomberg](https://www.bloomberg.com/news/articles/2021-06-08/byron-wien-sticks-to-4-500-target-for-s-p-500-shuns-bitcoin)
- [Bitcoin Fall Has Strategists Seeing Possible Drop Toward $20000 - Bloomberg](https://www.bloomberg.com/news/articles/2021-06-09/bitcoin-fall-has-strategists-seeing-possible-drop-toward-20-000)
- [The Colonial Hackers Made a Rookie Bitcoin Mistake - Bloomberg](https://www.bloomberg.com/opinion/articles/2021-06-08/colonial-pipeline-hackers-made-a-rookie-bitcoin-mistake)
- [Whatever Elon Musk Tweets, Tesla Might Be Selling Bitcoin - Bloomberg](https://www.bloomberg.com/opinion/articles/2021-06-08/whatever-elon-musk-tweets-tesla-might-be-selling-bitcoin)
- [Don't Call Bitcoin a Bubble. It's an Epidemic - Bloomberg](https://www.bloomberg.com/opinion/articles/2021-06-09/don-t-call-bitcoin-a-bubble-it-s-an-epidemic)
- [Kevin O'Leary explains why bitcoin will beat stocks now - Yahoo Finance](https://finance.yahoo.com/news/kevin-o-leary-explains-why-bitcoin-will-beat-stocks-now-175634166.html)
- [How did federal agents recover bitcoin and access a crypto wallet tied to the Colonial Pipeline cyberattack? - MarketWatch](https://www.marketwatch.com/story/how-did-federal-agents-recover-bitcoin-and-access-a-crypto-wallet-tied-to-the-colonial-pipeline-cyberattack-11623182259)
- [Bitcoin sinks and approaches $30000 - eNCA](https://www.enca.com/news/bitcoin-sinks-and-approaches-30000)



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<sub>*Follow me @cryptonized for the latest cryptocurrency news...*</sub></center>
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