The indecision process continues in Bitcoin (BTC), which has not yet exceeded $ 28 thousand, can BTC start the upward movement again?
The problems of Binance, which broke out in the past days, increased the downward momentum of Bitcoin. Priced below $28,000, BTC finds strength at $27,200 support and finds buyers at $27,600. How is the current chart of BTC, where sellers prevail due to the uncertainty in the market?
What’s the Latest on Bitcoin Chart?
Ongoing regulatory pressures continue to affect BTC as well. With the Fud news in the market, BTC had come from $ 29,100 to $ 27,200. BTC, which is currently at $ 27,600, can fall to $ 27,250 and $ 26,940 if it breaks its route to the downside. The most critical support point in the large time frame of BTC is $ 25,200.
Decreasing regulatory pressures and market fud news may affect the crypto investor in buying direction. Once BTC moves up from the current price range, it could target the $28,775 – $29,750 and $31,000 resistances, respectively.
