Bitcoin, looking to break the psychological resistance of 30 thousand $

Greetings again my dear friends I hope you are very well, since the beginning of this year 2023, no doubt, Bitcoin has been gaining ground in relation to its recovery in its price or value, this by taking its historical maximum that exceeded $ 69 thousand, at the end of the year 2022, the queen of the crypto market closed above $ 16 thousand, and since then, at the beginning of this year 2023 has taken a path or bullish route, with it, managing to break some major resistance in the market.

When we talk about resistances we can say that the resistance points for the Bitcoin have been those round expressions such as 20 thousand, 25 thousand and 30 thousand $, these points can be considered as psychological resistances in this type of market, therefore, until this date March 23, 2023, the Bitcoin bulls have managed to overcome two of these first points of resistance, that is, the 20 thousand and 25 thousand, and thus is heading to overcome the barrier of 30 thousand $, everything seems a matter of time.

When the Bitcoin price overcomes the $30,000 barrier, then, three other very important resistance points will be set, such as $35,000, $40,000 and $45,000, however, we have to wait a few months for this to happen, since the Bitcoin price, when overcoming certain resistances, will gradually correct and then lateralize and give back momentum to its price by the Bitcoin bulls, who seem to have embarked on a path to the top of the Bitcoin price.

We can notice in the following graph of the Bitcoin price behavior, how it has been climbing, correcting, then lateralizing and then following its important route to the rise of its price and breaking essential points of psychological resistance.

_{Screenshot from www.coingecko.com}

_{Screenshot from www.coingecko.com}

These graphs refer to the price at the end of the year 2022, and also to the price at the time of writing this article, which exceeds $ 28 thousand, this represents an increase of about $ 12 thousand, in relation to how the price of Bitcoin closed for 2022 ($ 16,500), and for this precise moment (28. 600 $), therefore, a little more than 70% so far this year, undoubtedly, my dear friends essential signs that continue to show us the sustained recovery of the Bitcoin price for this 2023, and that this does not stop here, as it will continue its course towards the conquest of new points of psychological resistance, and that undoubtedly, will continue to give us that expected route of recovery of the Bitcoin price.

Until another opportunity my dear friends.