Bitcoin Traders Eye Bargains as BTC Price Nears $30K
Originally Published 2 years ago — by Cointelegraph
Bitcoin (BTC) price is heading towards $30,000, prompting dip-buying among traders who hope to take advantage of the downward trend. The price of BTC has been trading sideways within a larger range since mid-June, with no significant progress in breaking topside resistance. Traders are eyeing the $30,000 and $28,000 levels as potential buying opportunities, with some expecting a shallow pullback that could lead to a breakthrough above $32,000. Despite the lack of upside momentum, there is little panic among traders, who believe the bullish market structure remains intact.
