Bitcoin (BTC) continues to accumulate in price, chart analysis for BTC, which opened the week at $ 28,300.
After testing $ 28,700, BTC, which saw a sales wave, albeit for a short time, started from this level and went on a beat. The fact that the ecosystem-side Fud news feed disrupted the upward momentum of BTC and brought it to $ 27,200 triggered the buyers in the market. Making moves from these levels, BTC managed to move its price up to $ 28,500.
Bitcoin (BTC) Chart Analysis
BTC, which created an upward scenario starting from $ 27,200, tested $ 28,500 in instant pricing. Unable to continue with enough buyers from these levels, it declined to $27,203. The leader of cryptocurrencies, which could not stand up after falling below the monthly opening price, saw another selling wave and fell below the weekly opening price. BTC, which is currently holding at $ 28,250, can be watched to exceed the levels of $ 28,600 and $ 29,180, respectively, in order to move forward in the upward direction. In the case of possible price drops, $27,700 and $27,200 can be followed as support.