Bitcoin (BTC), which started to attack by finding buyers at the levels of $ 26,950, increased by close to 6 percent within hours, showing bullish signals.
BTC, which has scared crypto investors in recent days, has become the lifeblood of the crypto market with its sharp upward movement. BTC, which loosened up to $ 26,950, with its voluminous rise $28,400 achieved levels. In such a short time a performance of 5.81 percentThis could be one of the signs that the market is bullish.
Bitcoin (BTC) Chart Analysis
Starting a downtrend from the $30,000 band, BTC came to $27,200. lost more than 10% . “From $27,200 up to now many times” buyer finder “BTC maintains this level as support on the broad chart. BTC, which slackened to $ 26,960 in the hours, created a panic atmosphere in crypto investors. Currently priced above $ 28,000, BTC must clearly overcome the $ 30,000 barrier in order to start the rises.
In case of exceeding $ 28,800, respectively 29,180 – $29,600 and $29,980 Overcoming the resistances may pave the way for sharp rises in cryptocurrencies. In case of a bearish scenario 27,650 – $27,200of the band support work can be followed. In case this price band does not work as support, for BTC Pullbacks to $25,200will likely be.
