#bitcoin Update

#BTC has recently established a resistance level just below the $30,000 mark, which is also accompanied by a minor support. This could be seen as a retracement phase following the recent rapid upward movements.

The key to watch for is a daily closing above the $30,000 threshold, particularly around $29,800. Such a close would signal a potential continuation of this trend. Currently, we're observing signs of price rejection in this area.

As the market reopens on Monday, a clearer picture of the situation will emerge. It's a critical moment to monitor and assess the ongoing trend. 📈📉

#dyor $BTC