Bitcoin Price Prediction !!!

Bitcoin currently hovers above a key support level at $29,550, backed by a triple bottom pattern. However, the 50-day exponential moving average near $30,000 poses strong resistance.

Bitcoin likely stays bearish below $30,000. A break below $29,500 may trigger further decline to $28,900 support. Conversely, failure to break below $29,500 might spark a bullish bounce towards $30,000 initially, possibly surpassing $30,500.

Monitor $29,500 closely; it could present a buying opportunity if breached. A break above $30,450 due to increased demand may lead to resistance at $31,200.