How is the Bitcoin (BTC) chart priced above the $27,200 support, currently BTC analysis.
The technical failures of Binance, which started in the past days, were one of the reasons that started the downward movement of Bitcoin. Hanging below $28,000, BTC is priced at $27,550, finding strength from the $27,200 support. How is the current chart of BTC, where sellers prevail due to the turmoil in the market?
What’s the Latest on Bitcoin Chart?
BTC, which saw a selling trend after the systems problem in Binance, relaxed from $ 29,100 to $ 27,200. BTC, which is currently at $ 27,550, can fall to $ 26,940 if it breaks its route to the downside. BTC’s major support point on the big timeframe is at $25,200.
The decrease in Fud news from crypto exchanges and the market may encourage investors to buy-side transactions. Once it moves up from the current price range, it could target the $28,775 – $29,750 and $31,000 resistances, respectively.
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