Bitcoin prices have come just shy of $35,000 during Monday morning’s Asian trading session. The upwards momentum follows a bearish weekend which saw the asset slump to a Saturday low of $30,300.
The psychological $30K support level has held strong as Bitcoin prices rise back into their range-bound channel. At the time of press, the king of crypto was trading up 4% on the day at $34,500, according to Tradingview.
Analysts Bullish on Bitcoin
Crypto market analysts and chart experts are leaning bullish once again, following the big bounce from support. Analyst ‘CryptoHamster’ noted that both BTC and ETH had broken the resistance line to the upside. The analyst added that there is likely to be more sideways action before the next big move, which would need to top the psychological $40K barrier for Bitcoin.
#Bitcoin and #Ether have broke the resistance line to the upside.
Mid-term, however, they both still go sideways and more confident rise could be seen only after the major resista
Źródło: https://cryptopotato.com/bitcoin-analysts-turn-bullish-again-as-btc-reclaims-35000/
