Bitcoin and select altcoins are seeing buyers at lower levels, indicating a rise in positive sentiment. Binance CEO Changpeng “CZ” Zhao believes Bitcoin could have a bull year after its halving in 2024, and BlackRock’s interest in cryptocurrencies is seen as beneficial for the industry. Bitcoin is struggling to stay above $31,000, but a rebound from the 20-day EMA could lead to a rally above the $31,000 to $31,500 resistance zone.
– Bitcoin and select altcoins are finding buyers at lower levels, suggesting a pick-up in positive sentiment.
– Binance CEO believes Bitcoin could have a bull year after its halving in 2024.
– Bitcoin is struggling to stay above $31,000, but a rebound from the 20-day EMA could lead to a rally.