Bitcoin price rises to $30K
Bitcoin’s price jumped sharply from the $27,000 level of support. The $27k zone is the preferred area for buyers next week.
Bitcoin is currently only $400 away from the volatile $30,000 price level. Bulls are seeking stability after the recent BTC rally.
Bitcoin’s price is $29,580, with a daily gain of 0.131%.
Bitcoin options expire on today. Traders have been experiencing market volatility for the past few days.
Bitcoin traders are experiencing less volatility on the daily chart today, due to the expiration of options.
Ethereum Price Rebound
The final trading day of Ethereum was a tough one, with bears beating bulls to drive prices down to $1869. The bullish momentum is still strong, and the market has now tested resistance at the $1,936 daily high.
If the bulls are able to break through this support level, ETH is likely to experience a surge that will take it towards the next resistance of $2,000 and beyond. If there is a clear negative movement, the $1 869 support level will come into play, and a possible fall to $1 801 is very likely.
ETH’s value was $1,917 on the previous day, indicating a possible upward trend. ….