Bitcoin (BTC) Demand at $30,000 - Coinleaks
Current Date:September 22, 2024

Bitcoin (BTC) Demand at $30,000

In Bitcoin, which has been priced over 30 thousand dollars for about a week ( BTC) the dominance of buy-side transactions continues.

Net test below $30,000 only once in the past week BTC , had turned its course upwards by coming to $ 29,550. Persistently protecting $30,000 BTC investor showed himself on June 26. Coming to $29,930 twice BTC rallied quickly to $30,500 with support from buyers. This situation, to BTC It shows that the demand for the market increases when it falls below $30,000. The fact that 30,000 dollars, which is the main criterion for the continuation of the rise, is holding so much, has increased the bullish opinions of the investors.

Bitcoin (BTC) Chart Analysis

As of the writing of the news, BTC, which was traded at $ 30,330, could not hold above $ 31,000 yet. BTC, which is the keystone for the upside continuation of the crypto ecosystem, needs to stay above $31,000 and test $32,400. In the scenario where $32,400 is accepted as support, bullish signals for BTC will become even stronger.

The loss of influence of ETF news or negative news on the basis of the sector may lead to an increase in sales-oriented transactions in investors. In this scenario, critical support levels for BTC are 29,946 – 29.250 – 28.184 – 27.250 – 26,818 – 26,233 dollars respectively. Finally, the failure of $ 25,250 to hold may pave the way for a decline to $ 20,000.

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