<![CDATA[<figure class="image"><img src="https://cimg.co/news/126687/334528/20-1.jpg" alt="" srcset="https://cimg.co/news/126687/334528/responsive-images/20-1___media_library_original_1280_720.jpg 1280w, https://cimg.co/news/126687/334528/responsive-images/20-1___media_library_original_1200_675.jpg 1200w, https://cimg.co/news/126687/334528/responsive-images/20-1___media_library_original_900_506.jpg 900w, https://cimg.co/news/126687/334528/responsive-images/20-1___media_library_original_720_405.jpg 720w, https://cimg.co/news/126687/334528/responsive-images/20-1___media_library_original_600_338.jpg 600w, https://cimg.co/news/126687/334528/responsive-images/20-1___media_library_original_300_169.jpg 300w" width="1280" class="content-img"></figure>The current <a href="https://www.tradingview.com/symbols/BTCUSD/">price of Bitcoin</a> today is a remarkable $29,599, reflecting a 3% increase in the past 24 hours.A robust 24-hour trading activity is recorded at approximately $21.8 billion on the volume front.&nbsp;As for its standing in the vast crypto arena, Bitcoin retains its crown with a #1 ranking on <a href="https://coinmarketcap.com/currencies/bitcoin/">CoinMarketCap</a>.&nbsp;The digital currency's market capitalization is nothing short of impressive at roughly $577.76 billion.&nbsp;The circulating reservoir of BTC coins is about 19.52 million, marching gradually towards its maximum supply limit of 21 million.<h2 id="strong-bitcoin-price-prediction-strong">Bitcoin Price Prediction</h2>Delving into <a href="https://cryptonews.com/news/bitcoin-news/">Bitcoin</a>'s technicals, the pivot point is identified at $29,188, with the immediate resistance level at $30,282. Further resistances are seen at $31,078 and $31,820.&nbsp;On the downside, Bitcoin finds its immediate support at $28,195, with subsequent supports stationed at $27,287 and $26,554.&nbsp;The Relative Strength Index (RSI), a tool to gauge momentum, is currently valued at 74. Traditionally, an RSI reading above 70 indicates overbought conditions, hinting at a potential cooling-off period soon.&nbsp;Conversely, an RSI above 50 typically implies bullish sentiment, which Bitcoin is currently exuding.The 50-day Exponential Moving Average (EMA) is another pivotal technical indicator clocked at $29,188. Bitcoin's price trajectory above this level suggests a bullish inclination in the short term, with the EMA serving as dynamic support.&nbsp;On the chart patterns front, the notable appearance of the "Three White Soldiers" pattern on a 4-hour timeframe gives weight to bullish sentiments.&nbsp;This pattern, often seen as a bullish reversal signal following a downtrend, points towards sustained bullish momentum, especially if Bitcoin can consistently hold above the $29,188 mark.<figure class="image"><img src="https://cimg.co/news/126687/334585/btc.jpg" srcset="https://cimg.co/news/126687/334585/responsive-images/btc___media_library_original_1731_954.jpg 1731w, https://cimg.co/news/126687/334585/responsive-images/btc___media_library_original_1200_661.jpg 1200w, https://cimg.co/news/126687/334585/responsive-images/btc___media_library_original_900_496.jpg 900w, https://cimg.co/news/126687/334585/responsive-images/btc___media_library_original_720_397.jpg 720w, https://cimg.co/news/126687/334585/responsive-images/btc___media_library_original_600_331.jpg 600w, https://cimg.co/news/126687/334585/responsive-images/btc___media_library_original_300_165.jpg 300w" width="1731" class="content-img" alt=""><figcaption>Bitcoin Price Chart - Source: Tradingview</figcaption></figure>In conclusion, Bitcoin's current trajectory and technical indicators lean predominantly bullish. The immediate future might see the cryptocurrency testing its resistance at $30,282.However, the overbought status signalled by the RSI calls for some caution among traders.&nbsp;Potential minor bearish corrections could be on the horizon before Bitcoin makes its next significant leap.&nbsp;As always, in the unpredictable realm of cryptocurrency, investors are advised to stay informed, adaptive, and prepared for potential market volatility.<h2 id="strong-top-15-cryptocurrencies-to-watch-in-2023-strong">Top 15 Cryptocurrencies to Watch in 2023</h2>Stay up-to-date with the world of digital assets by exploring our handpicked collection of the best 15 alternative cryptocurrencies and ICO projects to keep an eye on in 2023.&nbsp;Our list has been curated by professionals from Industry Talk and Cryptonews, ensuring expert advice and critical insights for your cryptocurrency investments.&nbsp;Take advantage of this opportunity to discover the potential of these digital assets and keep yourself informed.<div class="raw-html-embed"><div style="background: #920047;margin-bottom: 20px;width: 50%;text-align: center;padding: 8px;border-radius: 5px;background-image: linear-gradient(107deg,#930046,#59008a);color: white;padding-left: 1em;padding-right: 1em; font-size: 16px;"><a style="text-decoration:none;color:white" href="https://cryptonews.com/news/new-cryptocurrency.htm" target="_blank" rel="nofollow noindex">See the 15 Cryptocurrencies</a></div></div><h2 id="strong-find-the-best-price-to-buy-sell-cryptocurrency-strong">Find The Best Price to Buy/Sell Cryptocurrency</h2><figure class="image"><img src="https://cimg.co/news/126687/334527/1.jpg" alt="" srcset="https://cimg.co/news/126687/334527/responsive-images/1___media_library_original_1920_1040.jpg 1920w, https://cimg.co/news/126687/334527/responsive-images/1___media_library_original_1200_650.jpg 1200w, https://cimg.co/news/126687/334527/responsive-images/1___media_library_original_900_488.jpg 900w, https://cimg.co/news/126687/334527/responsive-images/1___media_library_original_720_390.jpg 720w, https://cimg.co/news/126687/334527/responsive-images/1___media_library_original_600_325.jpg 600w, https://cimg.co/news/126687/334527/responsive-images/1___media_library_original_300_163.jpg 300w" sizes="100vw" width="1920" class="content-img"><figcaption>Cryptocurrency Price Tracker - Source: Cryptonews.com</figcaption></figure>Disclaimer: Cryptocurrency projects endorsed in this article are not the financial advice of the publishing author or publication - cryptocurrencies are highly volatile investments with considerable risk, always do your own research.
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Bitcoin Price Prediction as BTC Leaps toward $30,000 – Is The Bull Market Starting?

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