The fact that the market became confused day by day had upset the balance of Bitcoin (BTC), how can BTC move forward in line with these events?
BTC, which has been loosened by the effect of Fud news for a few days, was able to find support at $ 25,870 and push it up again. BTC, which came to $ 26,800, is currently in a critical price band. Clearly affected by the news flow in the market, BTC has come to an important threshold for the next price route.
Bitcoin (BTC) Chart Analysis
The selling pressure on the BTC side is not over yet. The leader of cryptocurrencies, which started a downtrend at $ 29,800, is currently trading at $ 26,808. The claims that the USA sold BTC, which came to the agenda recently, had been one of the factors that triggered the decline. BTC, which breaks the supports one by one, could come to $25,876 and $25,257, respectively, if buyers fail to pull the strings.
The leader of cryptocurrencies, which currently finds buyers at an intermediate price, can gather strength again if it permanently exceeds $ 26,800. One of the main conditions for the formation of bullish expectations in BTC is the decrease in Fud news. If these conditions are met, the 27.247 – 28.200 – 28.775 – 29.250 and 30.000 dollars resistances can be followed as targets, respectively.
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