Can bitcoin stay above $28,000?

Bitcoin (BTC) briefly jumped above $29,000 at the end of last week, and proponents of a spurt to $30,000 have strengthened among analysts.
However, closer to the weekend the rate of BTC fell below $28,000 again, as the pressure from the bears, who were not interested in the continuation of the spring run, increased.
On the night of Monday, April 3, bitcoin rose to $28,071, but the pressure is still on, and it’s unlikely that the bulls will be able to push the cryptocurrency to $29,000 in the next 24 hours, observers say.

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