The crypto market saw high levels of volatility during the day. The leading cryptocurrency Bitcoin (BTC), after climbing to levels of $31,390, fell back down again, briefly dipping below $30,000. However, BTC began to recover in a short time, rising to the levels of $30,300. Evaluating this recent situation in Bitcoin, the analyst points out potential price levels that could play a critical role for BTC in the near term. Current Situation in Bitcoin The leading cryptocurrency Bitcoin (BTC) started to decline again immediately after it climbed to the levels of $31,390 during the day, and momentarily slipped below $30,000 due to the ADP (US Nonfarm Employment Change) data coming out much higher than expectations. However, BTC began to recover in a short time, rising to the price levels of $30,300 with its recent value increases. The volatility in the crypto market also increased significantly during this period. According to […]
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