Bitcoin Finds Support at 30.3k

Bitcoin found support at approx. 30.3k. This is very bullish news because, as you can see in the chart, the level of support fell exactly upon the long-term ascending support line. This means bitcoin is still making higher lows, and also making higher highs. Now that we have seen it hit that low, the next logical step here is for the price to test the ATH of 42k again, at which time it will likely soar past it all the way to 50k.