Leading global digital currency may soon reach $30,000 level, recent report claims, unless the following happens
The tweet reminded the audience that the flagship crypto BTC has again attracted a lot of attention on the market thanks to the recent victory gained by the Grayscale fund in court against the SEC regulator.The next milestone for Bitcoin, IntoTheBlock stated, is likely the $30,000 level. According to the screenshot shared within the tweet, a staggering 6.2 million wallets bought roughly 2.6 million Bitcoin between the current price level of Bitcoin and $30,000.
If bearish sentiment expands in the market, it may"trigger a rush to break even," increasing the sell volume of Bitcoin. Still, should bullish momentum strike and be strong, as in the possible case of a future Bitcoin spot ETF getting approved, Bitcoin may rush to the north, toward the $30,000 price mark.
Bitcoin is back in the spotlight as Greyscale emerges victorious from its SEC lawsuit. The next milestone? $30k. Our on-chain data reveals that 6.2M addresses acquired ~2.6MBearish…
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