Bitcoin Eyes Liquidity Above $30K As Gold Hits New All-time High

Bitcoin is reportedly seeking liquidity above $30,000 USD as gold hits a new all-time high. According to analysts, Bitcoin's price has been closely correlated with that of gold, and the recent surge in gold prices could help drive a potential rally in Bitcoin's price. The $30,000 USD mark is seen as a key level of support for Bitcoin, and if it can surpass this level, it could potentially trigger a new wave of buying activity. However, the analysts also caution that Bitcoin's price will face resistance at around $40,000 USD, which could limit the size of any potential rally.

(By WILLIAM SUBERG)

Bitcoin $61,925.94

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