From trading around $20,900, the world’s largest cryptocurrency Bitcoin has surpassed $22,000 in just 24 hrs. This whooping upward movement has pushed other currencies like Ethereum, Cardano, XRP, Solana among other altcoin. The moment has resulted in the global crypto market cap gaining its $1 trillion mark again.
At the time of writing, Bitcoin is changing hands at $22,723 with a surge of 8.47% over the last 24 hrs.
Bitcoin Price At $30K ?
Meanwhile, as the flagship currency has broken its crucial resistance of $21,000, most of the industry experts are predicting more price rally ahead. Among these is the well-known crypto analyst, Crypto Kaleo who is targeting for BTC’s next bull run. The analyst informs his 550,000 followers over Twitter saying Bitcoin is all set to hit its next major resistance of $30,000 which was last seen in June 2022.
Source: https://coinpedia.org/bitcoin/bitcoins-short-squeeze-is-imminent-claims-top-analyst-here-is-the-price-target/