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Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves

CoinDesk
 2021-07-22

Cover picture for the articleBitcoin is holding up following a strong bounce from $30,000 support. Cryptocurrencies were mostly higher on Thursday as bullish sentiment returns. Bitcoin was trading around $32,300 at press time and is up about 1% over the past week. The price recovery off $30,000 support stalled following positive comments from Tesla’s CEO Elon Musk on Wednesday. Technicals suggest upside is limited around $34,000 resistance.

www.coindesk.com

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