Selling signals have started to appear in Bitcoin (BTC), which has been rejected many times at $ 26 thousand.
BTC, which has been in the range of $ 25,800 – $ 26,100 for a few days, has not yet clearly overcome the minor resistance. The pioneer of accumulating cryptocurrencies since the beginning of September seems to have turned down its course. With the inability to break $ 26,000, the crypto investor, who increased his transactions on the sales side, is eagerly awaited how far he can pull the price. What about technical analysis on behalf of BTC? Which price zones are critical?
Bitcoin (BTC) technical analysis
Although it managed to exceed $ 26,000 several times, BTC, which could not hold on this price value, made a correct swing of $ 25,600. As of the current situation, BTC, which is traded at $ 25,688, may cause an increase in sales-oriented transactions if it does not exceed $ 25,814.
The resistance levels that can be followed with the voluminous break of $ 25.814 and $ 26,000 will be 27,313 – 26.582 – 26.792 – 27.150 – 27.467 and 28.106 dollars, respectively. In order for the technical outlook to continue upwards, the reaction of the price, especially at $26,582 – $26,792, should be watched. Any process where it is priced below $25,814 will strengthen the possibilities for BTC to test $25,200 and $24,832.
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