Over the past 4 hours, BTC/USDT has experienced notable price fluctuations, reflecting the dynamic nature of the cryptocurrency market. Beginning at approximately $29,800, Bitcoin saw an initial surge that propelled it to around $30,200. This upward movement can be attributed to increased investor confidence and recent bullish news in the crypto space.However, the price faced resistance around the $30,200 level, leading to a minor retracement to around $29,900. This pullback is seen as a natural correction following the earlier gains, with the market consolidating as traders evaluate the next move.
