Can the rate of BTC return to the $30,000 zone shortly? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser
If it happens near the resistance, there is a chance to see an impulse to the $30,200 zone and above.On the daily time frame, the price of Bitcoin is rather more bearish than bullish as the rate is on its way to testing the support level once again.
If buyers cannot seize the initiative, closure below the $30,000 area may be a prerequisite for a continued fall to the $29,000 mark.From the midterm point of view, is it too early to make any predictions as neither bulls nor bears have seized the initiative yet. If the situation does not change, sideways trading in the range of $29,000-$30,000 is the more likely scenario for the next few weeks.
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