Bitcoin respected its last strong resistance of 29,000$ now its recovered back to 31,000$ and it looks like its not done yet, pro traders out there where do you think this is heading? Is the free fall over or this level won't hold for long either?.
I think the current bitcoin price movement will remain stable at a price between $30,000 - $35,000 because of the down trend and bad news often circulates that can make bitcoin price movements weaker and do not have the strength to make more price increases, hopefully there will be good news could trigger a return to rising bitcoin prices.