In Bitcoin (BTC), which gained 7 percent in a short time, sales-oriented transactions began to increase, the struggle at $ 27 thousand is getting hotter.
BTC, where buyers carried the price from $ 25,850, managed to reach $ 27,670. At this point, the increase in sell-side transactions brought BTC up to $ 27,060. In BTC, which has not yet decided on the direction, the battle at $ 27 thousand seems to be decisive. What price trend can the pioneer of cryptocurrencies, which cannot maintain above the $27,247 resistance, head towards?
Bitcoin (BTC) Chart Analysis
For BTC, sellers again took the helm. The leader of cryptocurrencies, which started an upward trend at $ 25,850, has lost value since last night, breaking the trend structure. BTC is currently priced at $27,060. Continuing selling pressure for BTC could bring the price down to $25.876 and $25,257, respectively.
BTC, which is trading above the $26,800 support, could show more voluminous increases if it permanently exceeds $28,200. The effect of the news in the market will be one of the main issues in order to create bullish expectations in BTC. If these conditions are met positively, the values of 28.200 – 28.775 – 29.250 and 30.000 dollars can be followed as targets, respectively.
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