#Bitcoin was back above $30,000 on April 18, before Wall Street opened.

Data from TradingView shows that BTC suddenly increased by $500, surpassing $30,000 bringing daily gains of more than 3%.

Before crossing the $30,000 mark, Material Indicators paid attention to the Binance order book, determining the liquidity of the bid price moving closer to the spot price.

“The market has started to move closer to the active trading zone,” the analyst said.

A subsequent update indicated that high-volume traders, known as “giant whales,” were responsible for the recent price increase.

Founder and CEO of trading company Eight, Michaël van de Poppe, is optimistic about #BTC. 's latest price action

“Passing $30,000, means we are back in the old range. “The market could first return to test $29,700 to then continue towards new highs and target $40,000.”

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