With the chaos created by the FUD news calming down, Bitcoin (BTC) rose to 27 thousand 250 dollars.
The FUD environment, triggered by many factors, especially FTX and Binance, shook BTC greatly. BTC, which experienced successive sales pressure due to these situations, created fear in both the market and investors by dropping the needle to $ 24,900. However, the situation calmed down and the technical structure moved upwards, shelving this chaotic environment. BTC, which reached $27,250 with a 9.45 percent increase in the last week, made the crypto community happy.
What levels stand out in Bitcoin (BTC)?
When we consider the 4-hour chart of BTC, we see that there has actually been a volume increase in a short time. The leader of the cryptocurrencies, which made an upward attack from $ 24,900, is traded at $ 27,164 as of the writing of the news. The levels that can be targeted in order to continue the greenery in the market are 27,467 – 28,115 – 29,088 – 29,512 – 30,303 and 30,808 dollars, respectively. In particular, the $30,000 level will have a different importance from both technical and fundamental perspectives.
In case things reverse, the points expected to be support are 26,800 – 26,400 – 26,034 – 25,646 and 25,200 dollars, respectively. In order to talk about positive scenarios in the short-medium term price structure of BTC, the range of $ 25,300 – $ 25,100 should not be lost.
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