Bitcoin (BTC), which has difficulty exceeding $ 27 thousand 450, is moving step by step towards the decision process.
BTC, which could not overcome the minor resistance despite testing it several times, retreated to $ 26,818 yesterday evening. Capturing a buyer base at this level, BTC increased its price to $27,049. Now, BTC, which is traded at an intermediate price, has entered a critical bend to make a clear move.
Bitcoin (BTC) chart analysis
BTC, which retreated slightly after failing to break the $27,467 resistance, is currently trading at $27,049. The decisive $26,818 – $26,724 range serves as BTC’s current support. As long as the leader of cryptocurrencies continues to protect this area, the levels it can target will be 27,151 – 27,467 – 28,115 – 29,088 and 29,512 dollars, respectively.
Continuation of FUD news or holding of $26,724 will increase the selling pressure on BTC. The levels that can be expected to be tested in such a scenario are 26,724 – 26,400 – 26,034 – 25,647 and 25,300 dollars respectively. Especially the protection of $ 25,300 is of critical importance in the price structure of BTC in the short time frame.
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