Bitcoin Rebounds Above $30K; Resistance Seen at $34K


    Bitcoin (BTC) returned above $30,000 support during Asia hours as buyers reacted to oversold conditions. The next level of resistance is seen around $32,000 and $34,000 given the intermediate-term downtrend.

    The quick rebound above $30,000 is similar to the June 22 shakeout which preceded a brief price rally. Bitcoin was trading around $31,400 at press time and is up about 6% over the past 24-hours.



    Source link

    Previous articleApple seeds first AirPods Pro beta firmware — here’s how to get it
    Next articleIntel Core i5-11600K review: It’s easy to recommend PC building with Intel again