The holding of Bitcoin (BTC) above $ 30 thousand seems to have increased the bull voices, encouraging the crypto market.
Bitcoin (BTC) Chart Analysis
BTC, which increased the bull signals during the night hours, is on its way to $ 31,000. The pioneer of cryptocurrencies, which rose to the level of $ 30,000 again after 10 months, continues to support the market in an upward direction. BTC, which is currently on the attack at $ 29,600, can use this value as support in the future. Looking at the shorter time frame, the fact that the level of $ 30,425 is protected is of great importance for the rise of the BTC price. In the event that voluminous price increases are expected, passing the $31,000 and $31,750 levels, respectively, is one of the main criteria.
BTC, which has a monthly and almost one opening price, seems highly likely to find an “appetizing buyer” at $ 28,400 in the big time frame. Crypto investors seem hopeful from BTC, which creates a party atmosphere in cryptocurrencies.
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