Crypto Giant Bitcoin (BTC) Moves at Critical Levels

Bitcoin (BTC), which went down to 26 thousand 700 dollar with the collapse of LUNA and UST coins last week in the cryptocurrency market, which moved in the negative direction, started to recover after seeing the lowest level in 1.5 years. The leading coin continues to trade at the critical threshold limit today.

Cryptocurrency giant Bitcoin (BTC), which was invented in 2008, is closely followed by its investors. The leading coin, which usually directs all digital assets with its price movement, is standing close to the critical threshold level today.

With the effect of the collapse in the two cryptocurrencies of the Terra ecosystem, LUNA and UST, Bitcoin, which fell to the bottom of 1.5 years by falling to $26 thousand 700, recovered from this level and recorded a level above $30 thousand.

After falling to $28 thousand 691 the other day, BTC increased by 5.59 percent and closed at $30 thousand 319. The leading coin records transactions at $ 30 thousand 344 today.

In order for the rises to continue in Bitcoin, it is necessary to maintain a permanence above the 30 thousand dollars pivot level. Analysts highlight the next resistance point as $32,500 if the price exceeds $30,000 in Bitcoin. In a possible decline, the level of 27 thousand 559 is indicated as an important support.