Bitcoin (BTC), which has been close to 30 thousand dollars for about a week, has come to the crossroads for the next price action.
BTC, which started to rise from the levels of $ 28,250, clearly exceeded the weekly and monthly opening price and reached the level of $ 30,000. Another factor that attracted attention in these rises was Ethereum (ETH). The glorious rise of BTC and ETH has created a party mood in the crypto market. Priced close to $30,000 for about a week, BTC seems to have come to a crossroads to determine its route. BTC, which is at an important price not only from a technical point of view, but also from a psychological point of view, is now expected to make a sharp move.
Bitcoin (BTC) Chart Analysis
BTC, which was able to instantly rise up to $ 31,000 by clearly exceeding the $ 28 thousand resistance, is currently 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 momentum, BTC fell to $ 29,050 at night. In order for the BTC price to continue to rise, it can be followed to exceed the $ 30,400 – $31,000 levels, respectively. If BTC continues to decline, the $29.400 – 28.750 – $28.250 levels can act as support.
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