Will Bitcoin (BTC) Price Spike To $30K in Coming Week? Glassnode Co-Founder Weighs In
Coinpedia
16 Sep 2023 7:14 AM
Despite increased regulatory scrutiny in the U.S., Bitcoin stands strong at $26,305, reflecting a 0.48% increase over the past 24 hours. This stability...
- Bitcoin's price stands strong at $26,305, reflecting a 0.48% increase over the past 24 hours.
- Despite regulatory scrutiny, Bitcoin remains resilient and stable.
- Yann Allemann, co-founder of Glassnode, foresees a significant breakout towards the $30,000 mark.
- Temporary resistance and profit-booking pressure may occur around $27,400 and $28,200.
- Bitcoin's market capitalization is over $514 billion with a substantial footprint in the cryptocurrency market.
- Positive sentiment is looming, and recent CPI data and a strong market cap contribute to Bitcoin's stability.
The sentiment surrounding Bitcoin is positive, with stability and potential for further upward movement towards the $30,000 mark.
You May Ask
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