Bitcoin price analysis
Bitcoin price analysis is bullish today.
BTC/USD saw a strong spike to $28,000 earlier.
Reaction higher followed over the last hours.
Bitcoin price analysis is bullish today as we have seen a strong spike to $28,000 support and a quick reaction back into the previous consolidation area. Therefore, we expect more upside later today, potentially to retest the $30,000 previous local high.
BTC/USD traded in a range of $28,261.91 to $29,972.64, indicating strong volatility over the last 24 hours. Trading volume has increased by 36.68 percent, totaling $36.14 billion, while the total market cap trades around $562.825 billion, resulting in market dominance of 45.3 percent.
BTC/USD saw a strong spike to $28,000 earlier.
Reaction higher followed over the last hours.
Bitcoin price analysis is bullish today as we have seen a strong spike to $28,000 support and a quick reaction back into the previous consolidation area. Therefore, we expect more upside later today, potentially to retest the $30,000 previous local high.
BTC/USD traded in a range of $28,261.91 to $29,972.64, indicating strong volatility over the last 24 hours. Trading volume has increased by 36.68 percent, totaling $36.14 billion, while the total market cap trades around $562.825 billion, resulting in market dominance of 45.3 percent.
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