Bitcoin has experienced a 2.89% increase in the past 24 hours, reaching an intraday high of
30,485. This puts the largest cryptocurrency back above the critical
30,000 price level, indicating that investor sentiment is positive. Technical indicators such as the gently rising 20-day Exponential Moving Average (EMA) and the Relative Strength Index (RSI) in the positive zone suggest that buyers may have an advantage. If the BTC/USDT pair remains above the
30,000 support level, it has the potential to reach the
32,000 resistance level.
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Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.