#btc , which has been floating in the 6 percent price range for a long time, is trying to maintain permanence above 30 thousand dollars.

BTC, which continues to trade in the price range of $29,500 – $31,500, has not yet been able to move out of this area. BTC, which tested the bottom point of the region at $ 29,500 a few days ago, reacted from there and increased by $ 700. Will BTC, which is currently hovering around $30,160, be able to maintain $30,000, which is a critical support in the long-term? Or will it decline from here and test support levels?

#Bitcoin (BTC) Chart Analysis

Especially thanks to the positive activity in Ripple, BTC had climbed from $30,200 to $31,800. The captain of the market, which retreated with sell-side transactions starting from $ 31,800, caused concern by testing $ 29,500. As of the writing of the news, BTC found buyers at $ 30,168, and if it stays above $ 30,000, it can move towards $ 31,360 - 32,400 - 33,380 and $ 34,000, respectively.

The continuation of the uncertain price structure on the BTC side or negative news from the crypto industry may pull the price back to support levels. In such a case, the support zones to follow for BTC are 29,520 – 28,900 – 28,040 and 27,460 dollars respectively. Failure of buyers to protect the 27.460 support may bring a decline to $26.600.

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