Bitcoin Holds its Ground on $34,000 Boosting Traders Confidence

Bitcoin Holds its Ground on $34,000 Boosting Traders Confidence

By Miles

04 Nov 2023 (about 1 year ago)

1 min read

Share:

Bitcoin nears $35k after Wall Street closes, holds steady above the $34k floor for growth.

Recent data shows Bitcoin holding steady, as it pushes against the $35,000 mark after Wall Street's closure.

Bitcoin maintained its ground, with $34,000 emerging as a temporary price floor, indicating possible growth ahead.

Credible Crypto, a well-known analyst, foresees Bitcoin surpassing $35,000, pinpointing three critical levels for the currency's trajectory.

A surge in trading volume and Bitcoin's ability to hold the midrange point could signal its continued climb and its upward potential.

While people stay hopeful, traders also keep an eye on lower price levels that could suggest a shift in strategy.

Optimism Holds as Long as Bitcoin Stays Above $33,000.

Traders, like Crypto Tony, stay hopeful, planning to keep their positive positions as long as Bitcoin does not drop below $33,000.

Below is a chart showing Bitcoin's Price movement in the past 7 dayshttps://coinpaprika.com/coin/btc-bitcoin/ 

Share:
Go back to All News
Previous article

Monero Wallet Hacked $460,000 Lost

Monero Wallet Hacked $460,000 Lost
Next article

Bitcoin ETF Could be Approved ...

Bitcoin ETF Could be Approved by November's End : Valkyrie CIO Predicts