BTCUSD $30,000 possible
Bitcoin has once again found strong buying interest from technical traders after a brief dip back towards the $27,500 support area. The ongoing exodus from the XRPUSD pair is continuing to help to boost top coins such as BTCUSD and ETHUSD. Technical analysis now highlights that the $29,200 and $30,000 levels offer the strongest form of upside resistance on the weekly chart.
The BTCUSD pair is only bullish while trading above the $26,800 level, key resistance is found at the $29,200 and the $30,000 levels.
If the BTCUSD pair trades below the $26,800 level, sellers may test the $26,000 and $24,000 levels.