Bitcoin (BTC), which saw a hard sell after reaching $ 26 thousand 800, again came to $ 26 thousand.
After the news of Ethereum (ETH) ETF, the crypto money market, which gained strength at $ 25,300, saw a solid sale at $ 26,800. Starting to withdraw from this price, BTC soon reached the minor support level. The pioneer of cryptocurrencies, which is currently trading above $ 25,873, seems to have intensified the buyer-seller struggle. But what about the latest situation on the technical side of BTC?
Bitcoin (BTC) chart analysis
BTC, which quickly rose to $ 26,800, retreated with the same momentum. As of the writing of the news, BTC, which is traded at $ 26,006, may loosen up to $ 25,325, $ 24,832 and $ 23,934, respectively, if it does not protect $ 25,873 as support. Price reaction between $25.325 – $25.144 will be critical in this process.
The release of positive news to the market or the persistence above $26,000 will add strength to the BTC price. In such a scenario, the points that can be followed as resistance are 26,800 – 27,467 – 28,039 and 28,896 dollars, respectively. A critical region where buyers should prevail is the $26,600 – $26,800 region.
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