Volatility is gradually decreasing in Bitcoin (BTC), which had a quiet entrance to September.
BTC, which was traded in a short price range after SEC events became stable, continues its same structure. The fact that the weekly opening was quiet did not disrupt the stability of cryptocurrencies. Additionally, the slowdown in news flow in the industry continues to extend the accumulation process in BTC. Which levels are important to follow for BTC? How are things progressing on the technical side?
Bitcoin (BTC) technical analysis
BTC, which exhibited shorter price movements after hitting $ 25,300, started the week indecisively. The leader of cryptocurrencies, which generally does not leave the range of $ 25,800 – $ 26,000, may be waiting for news about a large movement. BTC, which found buyers at $ 25,986 as of the writing of the news, can target $ 26,800 – 27,150 – 27,467 – 28,106 and $ 29,088, respectively, if it maintains its permanence above $ 26,313.
Any period where it remains below $25,814 will be one of the main factors that trigger the selling pressure in BTC. With the loss of $25,814, the $25,285 and $24,832 levels can be followed as support points. The range of 25,300 – 25,150 dollars will determine the course of the price structure.
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