Bitcoin (BTC), which started an uptrend from $ 25 thousand 300, is holding above $ 26 thousand, which direction can BTC move from now on?
Bitcoin (BTC), which moved up again after finding buyers above $ 25,300, resisted the $ 26,200 resistance. BTC, which was withdrawn from this resistance point for two days, came back to the same region. The increase in buy-side transactions and the cessation of fud news added strength to Bitcoin (BTC) and priced it upwards. Currently, BTC, which is just below the selling area, may exhibit even more voluminous movements as it overcomes the resistance.
Hard Movements Can Be Seen With Resistance Breakdown
Bitcoin (BTC), which is currently trading at $26,123, could capture more buyers if it can clearly surpass the next resistance area of $26,200. For BTC to stay above $26,200, the targets of $26,800 – 27,255 – $28,142 and $28,775, respectively, can be followed.
If a selling wave that can start at $ 26,200 and the negative news in the industry continue, it can bring the BTC price down again. The critical support levels to watch for BTC are $25,257 and $24,586. In BTC, where fundamental analysis has drawn the course for now, the importance of news flow is seen once again.
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