Forbes writer and economic analyst Jesse Colombo pointed out that Bitcoin (BTC) is in a formation and said that it can get approval for the rise by crossing the important resistance of $ 30 thousand.
Jesse Colombo a recent social media in your postmade statements about the current price situation of Bitcoin. Analyst, in the consolidated structure we are in, below the 30 thousand dollar resistance. pennant formation indicated a possible break while stating that the. Colombo believes that Bitcoin has successfully emerged from this formation and is growing in volume. 30 thousand dollars exceeding the level important signal for bullish He stated that it could be:
Here’s what I’ve observed in Bitcoin: A pennant formation seems to be forming just below the key $30,000 resistance level. If Bitcoin can break out of the pennant pattern with strong volume and break $30,000, this will be a signal for bullish confirmation.
On the other hand, the analyst underlined the importance of $ 30,000 on Bitcoin’s weekly chart. Colombo has said that Bitcoin has hit the $30,000 level many times before. an important support or significant resistance. While reminding that he priced it as a price, he implied that the movement in this price band could determine the future of Bitcoin.
Colombo is also like the dollar, which has unlimited supply. that paper money will eventually be plunged into crisis. and the people of this crisis environment bitcoin, gold And to silver He said he believes he will lead.
CoinGecko data in the last 24 hours 1.4% gaining value Bitcoin, at the time of writing at $28,323 finds buyers.
