BTC Nears $30,000, Reaching Highest Price Since June

BTC's Huge Surge Pushes Crypto Market Capitalization to $1.19T, the Highest Since June

“Bitcoin is likely to find resistance at $30,000,” DiPasquale noted in an email to CoinDesk. From a technical-analysis perspective, the current move is “a retest of the range high established in March after the initial surge from under $20,000. Success of this test would see the price claiming $30,000 while a failure here should see BTC drop to $25,000, followed by $23,000.”

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