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.