Bitcoin continues its continuous rally.

Bitcoin continues its continuous rally, and the mood of traders changes from fear to greed with each new level reached. Many are still waiting for the price to fall to enter the game, however, others have already rushed into the market, fueling the current price action.

Over the past week, Bitcoin has been moving sideways. On Thursday, the asset turned to growth and rose above the $29,000 mark, but soon fell further below the $28,000 mark. At the same time, at the time of writing, the asset is preparing for a new wave of growth by 0.4%.

Bitcoin is likely to hit $30,000 or more sooner or later. However, it is worth noting that this particular price level can become a pivot point for the asset and cause it to correct.

Evidence of this may be signs of weakness in the price of Bitcoin at the present time. However, the key uptrend still remains, and investors continue to believe in the potential of the asset.