Although the US Congress held yesterday first pushed Bitcoin (BTC) up, the subsequent decline scared investors and the market.
The US Congress, which started near the evening hours on September 27, was especially confused about the cryptocurrency market. BTC, which made an attack just a few minutes before the speech started, reached $ 26,850. However, after the start of the congress, the atmosphere became tense and SEC Chairman Gary Gensler was cornered, making the decline in BTC inevitable. The leader of cryptocurrencies, which fell from $ 26,850 to $ 26,125, has not been able to chart its course yet.
Volatility in Bitcoin (BTC) increased as Gary Gensler spoke!
When Gary Gensler, one of the main factors that shook the congress, could not adequately answer the questions put to him, the decline in BTC was directly evident. The pioneer of cryptocurrencies, which had already reached the resistance area before the speech, threw a needle at $ 26,125, which was rejected at $ 26,850.
Currently trading at $26,415, BTC will target $27,151 – $27,466 and $28,120 respectively if it clears the $26,808 – $26,947 range. Continuation of Fud news in the market or staying below $26,400 will further strengthen the sellers’ hand. In such a situation, relaxations up to 26,034 – 25,638 – 25,300 and 25,009 dollars may be possible, respectively.
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