Where Is BTC Heading? Market Expects BTC To Hold Psychological Levels
<p> The market is mostly green in the last 24 hours as most cryptocurrencies are trading with positive results. This includes both Bitcoin and altcoins.</p><p><br /></p><p>The biggest spike was Stellar's XLM, up 23%. In the last few hours, the market has taken a positive turn, allowing Bitcoin price to reclaim the important technical and psychological level of $30K.</p><p><br /></p><p>At the time of this writing, the price of BTC is above that level, and investors seem to be trying to push the price up further.</p><p><br /></p><p><br /></p><p>This follows the news that Tesla has not sold its BTC holdings for four quarters in a row. This positive report seems to have eased some of the pressure on the market, which is reflected upwards. Bitcoin dominance is currently around 46.6%.</p><p><br /></p><p><br /></p><p>Based on the following heatmap, the market is in good shape today. Most notably, of the big cryptos, MATIC surged by 6%, followed by Ripple's XRP by 5.41%, SOL by 4.7%, and others.</p><p><br /></p><p>However, the most successful for the past 24 hours was XLM from Stellar. It increased by more than 20% during the period and led the overall market.</p>
Leave a Comment