Bitcoin's $30K Rally: What's Next for Traders and Investors?
Bitcoin (BTC) remained stable at around $30,500 as traders and analysts considered the options for how BTC price action could play out next. Analysts predict a retest of $30,000 as the all-important support level. The number of BTC addresses in profit hit 16-month highs on April 14, nearing their 38 million tally from November 2021. However, large-balance wallet numbers declined, with wallets holding >100 BTC seeing a significant drop of 200, reversing the increase seen in December.