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Bitcoin (BTC) To Follow These Levels Over The Weekend!
Crypto assets made their monthly closures as of last night. The fact that the leading cryptocurrency Bitcoin (BTC) has a monthly close above $ 30 thousand continues to give positive signals for the coming months.
Although the ETF announcement of the US Securities and Exchange Commission (SEC) in particular yesterday brought sudden decreases, it was seen that Bitcoin recovered in a very short time.
Bitcoin content is trading at $ 30,400 at the time of writing. Although BTC seems to have lost its bullish hype due to the SEC's ETF announcement, it is still in the accumulation area.
Hard Break in Bitcoin (BTC) Is Coming Soon?
As of now, it is clearly seen that the leading cryptocurrency Bitcoin (BTC) is stuck in the range of $ 29,800 - $ 31,300.
For Bitcoin to exhibit hard movements, it must first break one of these 2 levels.
Although Bitcoin shot up to the level of $ 29,500 yesterday, it made the closures within the accumulation zone again. The bears' seller pressure was not enough to bring BTC down.
Losing the support of $ 29,800 in the coming period may cause Bitcoin to drop to $ 28 thousand. If the leading cryptocurrency exceeds $ 31,300, it will rise to $ 34 thousand.🤑
I suggest you follow the $29,800 – $31,300 range in Bitcoin this weekend closely!
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