Bitcoin Below $30,000 Again: Key Support and Resistance Levels

Bitcoin, which declined to $ 29,300 at TSI last night, has decreased by 5.5% in the last 24 hours and is around $ 29,500.

of bitcoin 30,000 With the dollar falling below, Ethereum 6.15% down 1755 from dollars, BNB 9% down 281 Cardano when trading in dollars 6% experiencing a decline 0.58 traded in dollars.

In the cryptocurrency market, Bitcoin 31,500 Due to the rise to the dollar, while an upward return was expected, there was a decrease again.

Marcus Sotiriou, analyst at UK-based “broker” GlobalBlock: 31,500 to 32,000 He stated that there is a great selling pressure between the dollar and this region is a very important resistance.

The declines in the cryptocurrency market came after the weekend volatility did not dominate and the dollar index increased. Moreover May 6 The fact that Binance’s local cryptocurrency BNB will be investigated by the SEC is thought to have triggered the declines.

Many analysts say that the next move of the cryptocurrency market; bitcoin, 28,000 downtrend with the breakout of the dollar, 32,750 He thinks that it will be up with the break of the dollar.

In Ethereum, your 1700 dollars support, 1920 and your $2100 resistance is noted.

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