Bitcoin (BTC), which has been hovering above $ 30 thousand for about six days, still has not clearly determined its price route, is the rise in BTC continuing?
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. BTC, which has been hovering at $ 30,000 prices for about six days, has reached a critical stage to determine its direction in the price. The move around this value, which is an important threshold both technically and psychologically, will have a say in determining the new direction of BTC.
Bitcoin (BTC) Chart Analysis
BTC, which has been able to instantly rise up to $ 31,000 by clearly exceeding the $ 28 thousand resistance, is currently priced in the range of $ 30,500 – $ 29,800. The leading cryptocurrency, which saw these levels for the first time after June of 2022, brought a party atmosphere to the ecosystem. . In order for the BTC price to continue to rise, the $30,400 – $31,000 levels can be followed, respectively. If the chart continues to be bearish, the $29,400 – 28,750 – $28,250 levels can act as support.
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