Here’s the Timeline When Bitcoin (BTC) Price May Surge Above $30K
After undergoing a pretty tough week for Bitcoin & entire crypto space, the asset still remains cemented around $20,000 levels. A near-term weakness that is haunting Bitcoin(BTC) and its fundamentals as the price appears to have cemented amidst minimal excess sell-pressure. The investors’ strategy seems to be hovering around taking the advantage of all the exit liquidity offered.
For the last few months, especially after the May collapse, Bitcoin has been hovering under strong bearish captivity. While a couple of breakouts were noticed, it turned out to be just an interim bounce. However, while the entire crypto space is skeptical of the upcoming move, one of the popular analysts advises maintaining patience as the BTC price is preparing for price action.