Bounced by the successive ETF news, BTC broke $30,000 in volume and touched $30,800. Although the predominance of sales-oriented transactions in this region has reduced the momentum of the price, the positive atmosphere still continues in the market. BTC, which has been in a rising trend structure since $ 24,800, showed a performance of 24.20 percent in seven days, delighting the crypto ecosystem. What are the critical points in BTC, where social metrics also show bullish signals?
Levels to Follow in Bitcoin (BTC)
Rising sharply from $29,250, BTC pulled back by touching $30,800. The leader of cryptocurrencies, currently traded at $ 30,090, can continue on its way up to $ 32,400 if it permanently exceeds $ 31,000. In this scenario, fundamental analysis is as important as the technical side.
The support levels to watch for BTC are 29,800 – 29,250 – 28,775 – 28,200 and 27,250 dollars, respectively. For the bullish signals to continue, the decision level of $27,250 must not be broken to the downside. As long as it stays above this value, short-term peaks can be expected in BTC.
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