Bitcoin finds buyers at $ 30,100: What is the next level?

Bitcoin, which has been running in the narrowband range for a long time, exceeded $ 30,000, allowing its investor to start the day with profit.

Bitcoin finds buyers at $ 30,100: What is the next level?
What are the next moves for cryptomarkets?

The new week after the holiday started quite positively for the crypto money market, especially for Bitcoin. Bitcoin, which has been accumulating in the $28,000 region for a while and continuing its course in a narrow band, ended this wait and was premium towards the $30,000 region with serial purchases.

What will happen next for Bitcoin?

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After the opening of the US markets yesterday evening, Bitcoin investors, who managed to quickly exceed $ 29,000 and then $ 30,000 in the morning, started the day with profit. Bitcoin, which has risen to the level of $ 30,400, is currently finding buyers at $ 30,100. Ethereum, on the other hand, is positioned at $1,920 before the Shanghai (Shapella) update.

Bitcoin, which exceeded the level of $ 30,000 for the first time since June 2022 and has risen by 70% since the beginning of 2023, seems to have lifted the psychological barrier of $ 30,000, which has been in the minds for a while. In general, while the investment instruments continue their calm course, the upward performance of Bitcoin is also a remarkable issue and it is seen that there are new resource entries into the market. The crypto money market, which has a size of $ 1 trillion 100 billion for a while, broke the record of 2023 by rising to $ 1 trillion 290 billion, with Bitcoin exceeding the level of $ 30,000.

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