Bitcoin (BTC), with its performance since the beginning of this year, broke the resistance of 30 thousand dollars, reaching its highest level since June of last year.
Bitcoin showed in the last 24-hour period 6.3% with rising performance 30,000 dollars crossing the threshold 2022 of the year June reached its highest level since last month. since the beginning of the year to 80% Bitcoin, which has experienced a close rise, with this move one of the most profitable investment vehicles managed to become one.
Will the Rising Continue?
USA based of the banking crisis especially with the explosion bitcoin And under Investors heading towards these safe havens have triggered significant increases in these safe havens. US Federal Reserve (FED) borrowings to bail out banks and injecting into the market hundreds of billions of dollars of liquidity served as the fuel for the rise.
No banking yet on the crisis serious progress has not been made and the FED’s keep printing dollars It is thought that Bitcoin will continue to rise. Also, according to some analysts 30,000 dollar band It represents a very vital level for Bitcoin and if it can be sustained above this level, the price could accelerate its upward movement.
On the other hand, this latest rise is a sign for short positions. liquidation operation There are those who think it is. The rationale of the analysts who support this idea will be announced tomorrow. CPI data and Ethereum (ETH) on the mainnet Shanghai integration is cited as the potential to push investors to sell profits.
Another indicator that market commentators attach importance to, Fear And Greed if index 68 points reached its level. Although this index does not provide a quick follow-up for the price in volatile market conditions, it helps us to get an idea of the direction of the market pressure and the average mood of the buyers. In these market conditions where greed is increasing, of investors sensible and cautious Making decisions is important.
According to CoinGecko data, in the last 24 hours 7.6% rise performing BTC, $28,224 from the level $30,397 rose up. BTC at the time of writing at $30,089 is being traded. Sudden upward movement in the last 24 hours in total $169 million of these positions while leading to the liquidation of the position. 87% short directional transactions.