The post BTC Price Prediction: $20K or $30K? What’s In Store For BTC Price This Month appeared first on Coinpedia Fintech News
Bitcoin’s price has been holding above a crucial support level but has been trading sideways, waiting for a decisive move. The traditional markets have also witnessed important events, with some indicators hinting at potential market shifts.
Recently, Santiment observed that Bitcoin crossed the $28,000 mark, a level it hasn’t seen since August 17th. They also noted that many wallets holding 10,000 bitcoins had acquired $1.17 billion of Bitcoin since September 1st. If these wallets don’t start selling, Bitcoin could potentially reach $30,000 again.
Will Bitcoin Price Go Up?
Bitcoin is comfortably above a critical support level, which is a positive sign. Bitcoin might drop to around $26,400, a crucial level he closely monitors. Meanwhile, the Dollar Index remains strong, with a minor weekly pullback.
Analyst by the name Satoshi Stacker, has examined tra
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