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Bitcoin BTC/USD spiked up about 2% higher at one point during Fridays 24-hour trading session before running into a group of sellers who knocked the crypto down near to flat.

The crypto has been consolidating mostly sideways near the $30,000 mark since Tuesday, trying to make a run above the level but lacking volume. Benzinga called for Bitcoin tobreakfrom its triangle patternon April 6and for Ethereum to break from the same pattern on April 12.

Ethereum ETH/USD was popping up about 3% higher and holding its gains, showing strength compared to the apex crypto. Dogecoin DOGE/USD was trading in tandem with Bitcoin, briefly spiking almost 5% higher but retracing near Thursdays closing price.

The crypto market was still stronger than the general market, which saw the S&P 500 down about 0.6%. Spot gold was also retracing low, declining about 1.7% on the day.

If Bitcoin can make a big break above the psychologically important $30,000 level over the weekend, traders and investors can watch for Ethereum and Dogecoin to follow. All three cryptos are trading in uptrends, which makes an eventual break up the most likely scenario.

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The Bitcoin Chart: On Monday, Bitcoin broke up from a triangle pattern, which caused the crypto to run toward the $30,000 mark. The bullish break also caused Bitcoin to print a higher high, which settled it into an uptrend.

Photos: Shutterstock/Unsplash

Originally posted here:

A Look At Bitcoin, Ethereum, Dogecoin Into The Weekend: Can Bitcoin Maintain $30000? Ethereum $2000? - Benzinga