The news feed in the crypto industry has turned Bitcoin (BTC) course upwards, could the $30,000 journey for BTC have begun?
The news from the USA reflected positively on the crypto ecosystem. BTC, which has been silent for a while, made a 10 percent explosion after these events and wicked $ 28,500. BTC, which retreated slightly above the resistance level, is currently trading at $ 27,803. The upward turn of the needle brought the target of $ 30,000 again in crypto investors. Can BTC, which is currently traded at an intermediate price, see $ 30,000? How is the chart progressing for BTC?
Bitcoin (BTC) Chart Analysis – May 30, 2023
BTC, which made a contact with $ 25,830 and bounced, touched $ 28,500. From this point, it was withdrawn to $27,800, encountering selling pressure. BTC, whose volume has increased in a short time, put its $30,000 targets on the table again. Finally, if BTC, which was traded at $ 30,000 on April 30, shows an 8 percent increase from its current point, it will reach these values again.
As of the writing of the news, the resistance levels for BTC, which is $ 27,803, are 28,167 – 28,775 – 29,250 and 29,808 dollars, respectively. Exceeding these values may pave the way for BTC’s larger pricing in the long run. Support levels for BTC, which can be followed in a possible market decline, are 27,255 – 26,783 and 25,827 dollars, respectively.
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