Bitcoin (BTC), which has been circulating in the same price band for several days, drowned the market in indecision. What levels could be BTC’s next stop?
Losing momentum after the fud news, BTC seems to be on hold for the new price action. BTC, which has been going around in the same price band for a few days, has also caused concern among crypto investors. The news flow in the market was one of the main criteria in order to start the rises on the BTC side.
Bitcoin (BTC) Chart Analysis
BTC, which managed to exceed $ 30,000, showed a critical move by falling to $ 27,200 after Arkham’s MtGox and USA news. BTC, which rose from the 27,200 support, came back to the $ 29,470 level. At the hour of increased volatility, BTC price continues to worry investors. BTC, which currently finds buyers at $ 29,370, must exceed the resistances of $ 29.181 – $ 29.981 – $ 30,425, respectively, in order to continue on the uptrend. If the fud news continues and the market is shaken, BTC can be withdrawn to the levels of 28.011 – 27.600 – 27.200 and 26,637 dollars, respectively.
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