Bitcoin, which has been close to 30 thousand dollars for about a week ( BTC), has come to a crossroads for the next price action.
It started to rise from $ 28,250 levels. BTC , clearly exceeding the weekly and monthly opening price, reaching the level of $ 30,000. Another factor that draws attention in these rises is Ethereum ( ETH ) had happened. The glorious rise of BTC and ETH, created a party mood in the crypto market . for about a week 30,000 dollars close pricing BTC, seems to have come to a fork in the road to determine its route.Not only technically, but also psychologically at a significant price. BTC is now expected to make a sharp move.
Bitcoin (BTC) Chart Analysis
It has clearly surpassed the $28,000 resistance and managed to instantly rise up to $31,000. BTC, currently It hovers in the range of $29,980 – $29,180. The leading cryptocurrency, which saw these levels for the first time after 10 months, brought a spring mood to its ecosystem. However, with the decrease of this acceleration, BTC fell to $ 29,050 overnight . BTC price to continue to riseforrespectively Followed by a break above the $30,400 – $31,000 levels can be done. of BTC bearishif it continues , The $29,400 – 28,750 – $28,250 levels can act as support.