What’s going on with Bitcoin? September 16, 2023

Bitcoin (BTC), which had difficulty exceeding $ 26 thousand 900, started to loosen towards the minor support area.
 What’s going on with Bitcoin?  September 16, 2023
READING NOW What’s going on with Bitcoin? September 16, 2023

Bitcoin (BTC), which had difficulty exceeding $ 26 thousand 900, started to loosen towards the minor support area.

BTC, which tried the $ 26,800 – $ 26,900 range several times, encountered selling pressure each time. The leader of the cryptocurrencies, which made another attack last night, was rejected at $ 26,888. Currently pricing just above the minor support, BTC is gradually approaching the critical phase.

Bitcoin (BTC) chart analysis

BTC, which has retreated from $ 26,800 levels, is currently traded at $ 26,488. BTC, which has not yet demonstrated a permanent price move even though it targets $ 27,000, will target $ 27,151 and $ 27,467 as long as it holds above $ 26,820. However, any selling pressure that may come from the 26,800 – 26,900 range may increase the downside possibilities.

A downward break of $26,450, a negative situation that may come from FTX or Binance, or a FUD news about the market in general will push the BTC price to lower levels. In such a situation, the levels that can be followed as support are 26,034 – 25,814 – 25,467 and 25,300 dollars, respectively.

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