Bitcoin (BTC), which made an upward move from $ 25 thousand 300, managed to catch a positive atmosphere even though it was rejected at $ 26 thousand 825.
The pioneer of cryptocurrencies, which fell with the effect of many FUD news, especially SpaceX’s Bitcoin (BTC) sale, found support at $ 25,140. A few days later, finding strength from the same support area, BTC made an attack at $ 26,825 yesterday evening. However, the fact that this point is the upper level of the resistance zone has naturally increased the sales-oriented transactions. As of the writing of the news, what is the technical side of BTC, which is traded at $ 26,430?
Bitcoin (BTC) Chart evaluation
BTC, which currently supports the $ 25,140 – $ 25,300 range, can be targeted as long as it manages to protect these values and as positive news comes from the sector. The resistance points that can be followed in the bullish scenario of BTC are 26,825 – 27,467 – 28,039 – 28,406 – 28,896 and 29,262 dollars, respectively.
Continuing FUD news or staying below $26,000 will drag BTC’s momentum down. In such a case, the levels to be considered are 25,873 – 25,200 – 24,832 and 23,934 dollars, respectively. The most critical level that can be followed so that the crypto money market does not evolve into a bad situation is $ 25,200.