Decision Day Is Fast Coming For Bitcoin! 3 Experts, One Scenario!

After the last rally that started on June 20, Bitcoin price started to accumulate by exceeding $ 30 thousand, and the bulls are strongly defending the $ 30 thousand level. Although the biggest crypto money made the expected withdrawal after many investors were in a hurry to close their positions with profit, the investor sentiment across the market is that the journey of 35 thousand dollars continues.
Bitcoin Price Preparing To Rise To $35,000
Cryptocurrency investors are currently waiting for Bitcoin to fill the CME Bitcoin Futures gap (GAP) of $34,455 to $35,180.
For those who don't know, the CME gap refers to the price gap that occurs between Friday's closing price and Monday's opening price of the Chicago Mercantile Exchange (CME) Bitcoin futures market.
Although there is strong resistance just above $30,000, investors believe the CME gap will be closed soon. The most important point to note here will be the weekly and monthly closing, which will take place on 30 June.
Over 145,000 Bitcoin options with a face value of $4.5 billion will expire on June 30. Currently, the buy/sell ratio is 0.52, with 95 thousand buy and 49 thousand sell positions open. The maximum pain level, which indicates the price at which the largest number of options holders will lose, is at $25,000.
BTC price is trading near the $30,750 level.
Bitcoin Expert Comments
Cryptocurrency analysts Crypto Tony and Rekt Capital, who are closely followed by investors, predict that if BTC closes above $29,300 monthly, the probability of the price to rise to the range of $ 33 thousand to $ 35 thousand in the short term is extremely high.
Michael van de Poppe, one of the leading cryptocurrency analysts, expects a massive rally of up to $ 40,000 in the largest cryptocurrency.
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