BTC, which has been going around in the 6 percent price range for a long time, is trying to maintain a permanence above 30 thousand dollars.
BTC, which continues to trade in the price zone in the $ 29,500 – $ 31,500 band, has not been able to get out of this area yet. BTC, which tested the bottom of the region at $ 29,500 a few days ago, showed an increase of $ 700 by getting a reaction from here. Can BTC, which is currently hovering around $ 30,160, be able to protect $ 30,000, which is a critical support in the wide time frame? Or will it go bearish from here and test support levels?
Bitcoin (BTC) Chart Analysis
Especially thanks to the positive activity in Ripple, BTC climbed from $ 30,200 to $ 31,800. The captain of the market, which had withdrawn with sell-side transactions starting at $ 31,800, created concern by testing $ 29,500. As of the writing of the news, BTC, which found buyers at $ 30,168, can set off for $ 31,360 – 32,400 – 33,380 and 34,000, respectively, if it stays above $ 30,000.
The continuation of the uncertain price structure on the BTC side or negative news from the crypto industry may pull the price back to support levels. In such a case, the support zones to watch for BTC are $29,520 – 28.900 – $28,040 and $27,460, respectively. Failure by buyers to hold the 27,460 support could bring the drop to $26,600.
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