BTC Price Rises to $30K Twice Without a Breakthrough

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Bitcoin Escapes the Range-Bound Region as It Rises to $30K Twice Without a Breakthrough – April 28, 2023

The largest cryptocurrency asset has twice tested the $30,000 barrier zone without a breakthrough. The bulls are aiming to retake the psychological price level to resume their upward momentum. In the meantime, the BTC price has deviated from its range-bound behavior as it continues to retest its psychological price level.

Bitcoin Price Statistics Data:•Bitcoin price now – $29,534.39•Bitcoin market cap – $571,761,466,539•Bitcoin circulating supply – 19,358,150 BTC•Bitcoin total supply – $620,294,824,990•Bitcoin Coinmarketcap ranking – # 1

Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000

The price of Bitcoin (BTC) escaped the range-bound region after a 48-hour price increase. The price of BTC rose to a high of $30,000 on November 26 before reverting to the range-bound range. BTC is still being rejected despite its psychologically high price at the moment. Its market value at the time of publication was $29,534. The bullish trend in Bitcoin started as buyers broke past the 21-day SMA barrier line. A new upsurge will be launched by the largest cryptocurrency to the top or reclaim the $30,000 high. Bitcoin will rise and retrace its steps back to its prior high of $31,000 if the positive trend keeps going.

Apple Discreetly Removed the Bitcoin White Paper from the Newest Marcos Beta: Report

Since 2018, the Bitcoin white paper has been covertly distributed with every version of the Apple Mac operating system. The current beta version of the business’s operating system upgrade no longer includes the Bitcoin (BTC) white paper, according to the largest IT company in the world. The Bitcoin white paper was removed as a result of the Big Tech company removing a test scanner tool named Virtual Scanner II from the most recent MacOS Ventura 13.4 beta, according to a report from the Apple-focused news site 9to5Mac on April 25. According to a source, technologist Andy Baio stated in a blog post on April 5 that every copy of MacOS for the previous five years had included a PDF of Satoshi Nakamoto’s Bitcoin white paper. On macOS, the document was located in Virtual Scanner II. No one was sure why it was there, but it was thought to be “just a joke among Apple engineers,” the article continued.

BTC/USD – 4 Hour Chart

Nonetheless, Bitcoin has regained bullish momentum as it rises to $30K twice without a breakthrough. The crypto asset has retested the recent high twice but fluctuates below it. On the upside, a continuous retest at the resistance level will weaken the barrier level. In other words, a long period of consolidation below a resistance level will eventually lead to a breakout.

Bitcoin Alternatives

Bitcoin (BTC) has risen above the moving average lines as opposed to earlier confinement between them. The value of the cryptocurrency asset may increase as long as it is above the moving average lines. Buyers want to keep the price of Bitcoin over the psychologically important threshold of $30,000. The subsequent upward movement will peak at $31,000 and $32,000. Other cryptocurrencies, like LHINU tokens, will appreciate alongside Bitcoin. It has been accomplished to reach the amazing $6M LoveHateInu Gang milestone. We’d want to thank all of our supporters and potential writers. We have also created a creative challenge for you as a part of the celebration. To discover more about it, keep an eye out for our next tweet. Join us for Stage 6 of the Presale to purchase LHINU before the price hike. You cannot ignore it. Approximately $8 million has been raised so far.

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