On April 2nd, Bitcoin again hit its biggest weekly closing price in 10 months, with holdings of $28000.

Bitcoin price investment analyst: $30,000 "large-scale" settlement expires

The BTC/ dollar held on Sunday after closing close to $28500 in March, according to Cointelegraph Markets Pro and TradingView statistics.

As the key point of resistance earlier in the current decline cycle, the buying and selling area at this stage is a key obstacle that must be resolved by double heads. If they can do that, the stock price is now expected to exceed $30,000.

Investment analyst Matthew Hyland concluded in a new tweet on BTC: "Bitcoins have been tidying up sideways below the high friction / support line for more than a few years."

If BTC breaks it, it will be a whole new game. The NasdaqS index was strong at the close of the week. It is still the main negativity and suspicion, while the important milestone of individual stock / BTC is about to be completed.

General Byzantium, a popular tweet account, predicts that if futures prices immediately increase the pressure level, it will lead to a large number of forced liquidations, leading to a further upward trend.

An article on the day said: "it feels like a bear is desperately trying to protect the area between 29K and 30K."

"I think when this level goes up, there may be a lot of liquidity coming in. It does feel like a 'when' rather than a 'what if' question. There is no foam in the market now, only some manufacturers sell directly. "

The figure shows the Binance BTC/USDT order information, listing the market concentration of transaction liquidity according to the total demand.

However, in a relatively short time frame, traders are limited to waiting for the weekly close to tamp the previous gains.

"the ups and downs this weekend seem to be on the bricks, and Twin hopes to occupy the section at a high of $28750. Until everyone calms down. "data encryption Eric wrote on Twitter that day.

Others are more negative, including buying and selling online resources, the Stoke loan coin snake lizard, who think they are more likely to adjust before bitcoin hits $30000 against the dollar.

The number of people who rose in bitcoin increased by another 23% in March.

Even so, last month Bitcoin may well have become one of the better months of March.

According to Coinglass, Bitcoin's 23% rise against the dollar is almost the same as it was in 2021, and 2013 is still an uncertain year.

The overall market of Bitcoin is similar to that of recent years, and there have been "emerald green" for at least three months before large-scale integration.