Assessing the Odds of Bitcoin Price Surpassing $30K

Bitcoin price has risen by more than 70% this year but is currently struggling at around $30,000

If BTC bulls manage to keep price above $25,500, another retest of the $30,000 resistance is imminent

If the bears push bitcoin below $25,500, the next target would be $20,300

Binance’s woes may be a big hindrance to Bitcoin’s breakout

The decline in BTC isn’t so significant, and the cryptocurrency has returned to $28,900 after a brief decline to $26,600

After the challenges Binance had with the CFTC and the subsequent Bitcoin correction, CryptoQuant notes that the crypto exchange is starting to see massive withdrawals