Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Coinpedia Fintech News on April 19, 2023, 12:53:13 PM
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Bitcoin price has restored the $30,000 level with a minor jump of nearly 2.45% and closed the previous day’s trade on a bullish note. The price has now landed back in a desirable zone after breaking out from an interim local resistance, which keeps the hopes of a sustained uptrend alive.
However, the buying pressure continues to remain on the low side, and a slight increase in the levels may lift the price beyond the psychological barrier.
The BTC price appears to be struggling to cross the interim barrier at $30.800, which may invalidate the bearish trajectory for a while. However, the bulls appear to be waiting for a major catalyst that may induce a significant bullish momentum with the flagship crypto.