Selling Pressure in Bitcoin (BTC)

In Bitcoin (BTC), which is approaching $ 30 thousand, sellers again took control.
 Selling Pressure in Bitcoin (BTC)
READING NOW Selling Pressure in Bitcoin (BTC)

In Bitcoin (BTC), which is approaching $ 30 thousand, sellers again took control.

Continuing its upward movement somewhat since May 1, BTC has been under selling pressure with the arrival of the weekend and the decrease in volume. In BTC, which has fallen to $ 28,980, selling pressure is at the forefront for now. The loss of momentum of BTC, which started to attack for 30 thousand dollars, worried crypto investors.

Bitcoin (BTC) Chart Analysis

As of the writing of the news, BTC, which found buyers at $ 28,977, seems to have lost its upward momentum, which started at $ 27,600. The first important support point in BTC, which is dominated by sellers, is $ 28,750. If the 28,750 support is not maintained, a drop to the $27,200 level is possible. BTC, which took a receptive step into the new month, seems to have reversed this situation with its decline in the last hours.

The pioneer of cryptocurrencies circulating below the weekly and monthly opening price may reach $30,000 if it persists above the $29,180 resistance. After the incredible volume of Memecoins, the eyes are turned to crypto money, which has gained even more popularity.

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