Bitcoin (BTC), which opened the new week at $ 29,000, maintains its volumeless price structure.
Calmly approaching the weekly close, BTC opened with just $200 volatility. The leader of cryptocurrencies, which tested $ 29,000 as it approached 03:00, was only able to reach $ 29,200 within a 45-minute candle. This indicates very low volume for both buying and selling. What about the latest situation in technical analysis for BTC?
Bitcoin (BTC) chart analysis
BTC, which makes the weekly opening calmly, is currently trading at $ 29,111. In order for the market to enter a positive mood, the resistance levels that can be followed for BTC are 29,262 – 29,698 – 30,303 – 30,808 and 31.516 dollars, respectively. A critical point in the technical structure will be the buyer-seller battle between $29,500 – $29,700.
In the scenario where $28,900 cannot act as a support, the bearish volume will increase. On top of that, if FUD news about the sector is added, it seems likely to test more important support points. The levels that can be bought in BTC are 28,896 – 28,406 – 28,039 – 27,467 and 26,810 dollars, respectively.
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