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When Bitcoin BTC targets the $30000 level, will it continue to hit even higher lows?
Given that the trading price of Bitcoin (BTC) continues to be below $30000, people are beginning to doubt whether this leading cryptocurrency can break through this psychological price level.Market analyst Michael van de Poppe conducted in-depth research on this situation and proposed that BTC should continue to create higher lows and hold onto the $27500 area to obtain the necessary momentum
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Bitcoin traders offer downward targets as BTC prices may fall below $25000
In terms of short-term BTC price trends, it is becoming increasingly difficult to find bullish voices.Bitcoin fell below $28000 on May 9th as the market prepared for macroeconomic data release