The next direction of Bitcoin (BTC), which has been priced close to $ 30 thousand for more than a week, is getting closer and closer.
The leader of cryptocurrencies, which took an attack from $ 28,250, exceeded the weekly and monthly opening price in volume and reached the level of $ 30,000. Another cryptocurrency that attracted attention in these rises was Ethereum (ETH). This exciting rise of BTC and ETH has created enthusiasm in the crypto market. BTC, which has been hovering close to $ 30,000 for over a week, is now getting closer to the crossroads to determine its route. BTC, which is in an important price range not only from a technical point of view, but also from a psychological point of view, is now expected to make a clear move.
Bitcoin (BTC) Chart Analysis
BTC, which was able to overcome the $ 28 thousand resistance in a voluminous way and test $ 31,000, is currently priced in the range of $ 29,980 – $ 29,180. The leading cryptocurrency, which saw these levels for the first time after a 10-month hiatus, brought a spring mood to its ecosystem. However, with the decrease of this momentum, BTC, which has fallen, has regressed to $ 29,050 in the past hours. In order for the BTC price to continue to rise, it can be followed to exceed the 30,400 – 31,000 dollars levels, respectively. If BTC continues to decline, the $29.400 – 28.750 – $28.250 levels can be followed as support.
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