Bitcoin has hit a new all-time high in three countries – Argentina, Venezuela, and Lebanon – as the cryptocurrency’s price stays above $30,000. Despite some traders questioning whether the bulls can maintain the upward momentum, others remain optimistic for further gains.
Popular trader Rekt Capital sees a close above the pivotal $30,000 mark as the “most bullish scenario” for the weekly candle close. Traders Crypto Tony and Michaël van de Poppe have their own outlooks with Crypto Tony hoping for a trip to $32,000 next if the cryptocurrency successfully consolidates near $31,000, while van de Poppe is unsure whether the momentum will continue but has a downside target of $28,500.
In Turkey, where the lira has plunged to new lows against the dollar, BTC/TRY neared the area of its blow-off top from December 2021. This article does not provide investment advice and readers should conduct their research before making any decisions.
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