Bitcoin’s 2023 rally has put it on the cusp of breaching $30,000 for the first time since June — but it has proved to be a tough level to crack. Seasonal trends may help give it a push.
The largest cryptocurrency was trading around $28,100 as of 1 p.m. in New York — roughly within 15% of a key trendline, its average price over the past 30 days. The coin has been hovering near that resistance area since March, after rallying 72% in the first three months of the year to close out its best quarter in two years.
