- Crypto trader Ali tweeted that BTC could soon surge to $34,000 if the current trajectory holds.
- Meanwhile, Santiment tweeted today that large whales have appeared on BTC's network.
- At press time, the price of BTC stands at $30,112.33, following a 6.29% gain.
Crypto trader Ali (@ali_charts) tweeted this morning that Bitcoin (BTC) price remains on track to hit $34,000 soon.
BTC daily chart (Source: TradingView)
According to the tweet, the price of BTC will climb to $34,000 as long as the bullish megaphone chart pattern currently present on the BTC chart continues to dictate the path of the crypto.
Meanwhile, blockchain analytics firm Santiment (@santimentfeed) also tweeted this morning regarding BTC. According to Santiment's tweet, big whales appeared on BTC's network today. The tweet added that a total of 11,22,000 separate BTCs were moved in two simultaneous batches.
At press time, the price of BTC is trading slightly above the key $30,000 level after gaining 6.29% in the past 24 hours, according to CoinMarketCap. This 24-hour gain propelled BTC's weekly price performance further into the green, bringing the total weekly gain to +6.55%. As a result, BTC is currently trading at $30,112.33.
In addition to strengthening against the dollar, BTC has also strengthened against Ethereum (ETH) in the past 24 hours. At press time, BTC is at 3.02% against the leading altcoin.
The price of BTC was able to hit a daily high of $30,160.48 but has since pulled back to trade at its current level. Nonetheless, the price of BTC is trading closer to its 24-hour high, with its 24-hour low currently standing at $28,189.27.
Finally, the trading volume for BTC today increased somewhat, as BTC was able to cross the $30,000 mark for the first time since June of last year. Currently, the daily trading volume of BTC stands at $24,246,305,465. This is a 92% increase from the total trading volume of BTC yesterday.
Disclaimer: Views and opinions, as well as all information shared in this price analysis, are published in good faith. Readers should do their own research and due diligence. Any action taken by the reader is strictly at his own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
The post Crypto Trader Believes BTC Could Surge to $34,000 in the Next Days appeared first on Coin Edition.
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