Where Is BTC Heading? Market Expects BTC To Hold Psychological Levels

thecekodok

 The market is mostly green in the last 24 hours as most cryptocurrencies are trading with positive results. This includes both Bitcoin and altcoins.


The biggest spike was Stellar's XLM, up 23%. In the last few hours, the market has taken a positive turn, allowing Bitcoin price to reclaim the important technical and psychological level of $30K.


At the time of this writing, the price of BTC is above that level, and investors seem to be trying to push the price up further.



This follows the news that Tesla has not sold its BTC holdings for four quarters in a row. This positive report seems to have eased some of the pressure on the market, which is reflected upwards. Bitcoin dominance is currently around 46.6%.



Based on the following heatmap, the market is in good shape today. Most notably, of the big cryptos, MATIC surged by 6%, followed by Ripple's XRP by 5.41%, SOL by 4.7%, and others.


However, the most successful for the past 24 hours was XLM from Stellar. It increased by more than 20% during the period and led the overall market.

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