Cryptocurrency experts have spoken out about bitcoin breaking the $ 30,000 mark

On the morning of April 11, the flagship cryptocurrency tested the $ 30,000 level. Previously, industry researchers have repeatedly noted that this is a very important indicator for the digital coin. Now, several industry analysts have expressed their opinions on the event.

For instance, Michael van de Poppe, a well-known strategist and founder of the Eight investment company, assured that the bitcoin rate has successfully passed another test of $ 28,600. It led to a breakthrough of resistance and the mark of $ 30,000. The market researcher emphasized that he had noted this level a few days ago. However, the expert believes that this is not the end and the value of the flagship asset could reach $ 40,000 in the near future. De Poppe emphasized that high volatility will soon be observed on the virtual asset’s chart.

The expert expected consolidation before the US Consumer Price Index (CPI) data for March is published (it is expected tomorrow, April 12). According to the expert, this information will have a significant impact on the emerging bullish momentum.

Joseph Young of Hashed noted that many large holders of the flagship cryptocurrency have fallen victim to large-scale liquidations in the market. The researcher emphasized that today, as well as the entire «season,» has become a terrible day for the bears.

Popular blogger and analyst Lark Davis predicts that very soon there will come a time when buying BTC in the $ 30,000 range will seem as miraculous as if cryptocurrency owners were offered $ 3,000 worth of bitcoin today.

A market researcher known as PlanB posted on his Twitter account that all the goals he set for bitcoin back in October 2022 had been achieved. At that time, the expert predicted that BTC quotes would break through $ 21,000, $ 24,000, and then $ 30,000.

It should be noted that at the time of writing, the flagship cryptocurrency is trading at $ 30,107, which is 6.41% higher than yesterday. The market capitalization of BTC is $ 582.3 billion, and traders have made daily trading deals worth $ 2.59 billion.