Is a Bitcoin Flash Rally Above $30,000 Plausible?

Adekunle Joshua

Bitcoin has been trading sideways below $30,000 for the past few weeks.

There is a growing sense of frustration among investors, as the price of Bitcoin has been unable to break through the $30,000 barrier.

Some analysts believe that BTC could fall to $25,000 soon.

Others believe that Bitcoin is due for a correction, which could take the price down to $27,200.

If BTC does correct, it could then rally to $35,000.

Bitcoin continues to wallow below the $29,500 zone as the days go by, and investors are starting to vent out their frustration.