Bitcoin (BTC) recently rose back above $30,000, inciting some hope among traders that the token may be in recovery mode. But analysts are skeptical over the nature of the recovery, with many cautioning that it may be a “dead cat bounce.” BTC is currently trading at $31,500, up nearly 7% over the past three days. The post Bitcoin (BTC) Price Needs To Confirm These Levels For A Breakout appeared first on CoinGape.