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Attention To These Levels At The Weekend In Bitcoin (BTC)!
June 24, 2023 What is the latest situation for Bitcoin?
The leading cryptocurrency Bitcoin (BTC) is trading at $ 30,700 at the time of writing our news. BTC has attracted the attention of crypto money investors with the harsh movements it has experienced in the last period.
Although Bitcoin rose to $ 31,500 levels at 18.00 TSI as of yesterday, the seller pressure at this level caused BTC to depreciate.
As of now, Bitcoin is not expected to show hard movements as usual during the weekend. The decrease in transaction volumes will ensure that there is a sideways movement in BTC.
Will Bitcoin (BTC) Explode Over The Weekend?
It is estimated that BTC, which exhibits sharp movements during the week, will move up and down in the range of $ 30,400 - $ 31,250 this weekend.
The leading cryptocurrency Bitcoin also needs to enter an accumulation phase. It is of great importance that this accumulation period starts above 30 thousand dollars.
If Bitcoin loses the $30,400 support this weekend, it will cause a pullback to the $29,800 support. Unless bad news emerges in the short term, BTC is not expected to lose the $29,800 support.
If Bitcoin exceeds the resistance of $ 31,250 - $ 31,500, it can enable BTC to reach $ 33 thousand in a short time. Technical indicators are still showing that the uptrend is likely to continue.
*Stay tuned for updates!
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