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Bitcoin Above $30,000

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❗ Bitcoin reaches 10-month high above $30,000 mark

Sentiment towards cryptocurrencies following Easter holidays is positive with major coins as well as smaller altcoins trading higher. Bitcoin is drawing a lot of attention today as the coin is testing a psychological $30,000 area and is trading at the highest level since early-June 2022. Bitcoin has already gained more than 90% off the early-November 2022 low. A near-term level to watch is the resistance zone ranging below $31,500, which marked the upper limit of a short-term trading range in May-June 2022.

BITCOIN trades above $30,000 for the first time since June 2022. Source: xStation5

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