In Bitcoin, which has been trading in a short price range for two days ( BTC) The war for 30 thousand dollars continues, in which direction can BTC move from now on?
When we look at the short-term time frame, it is a trade that goes in the range of $ 29,600 – $ 30,400. BTC is seen. What could be the next stop of this price action that splits the crypto investor in two? Confused by the inability to pass a clear time above $30,000 and not come in on the downside breakout in BTCWhat does technical analysis show?
Places to Follow in Bitcoin (BTC) Price
It has been priced in the range of 29,600 – 30,400 for approximately 3 days. BTC In order to continue the upward momentum, it needs to sustain above $31,000. It is possible that the $31.065 level, which was tested twice recently, could act as resistance again. A voluminous overrun of $31,000 may open the way for rises to $32,400.
In a possible pullback scenario in the market, the support levels that can be followed for BTC are 29,250 – 28,775 – 28,200 – 27,200 – 26,818 and 25,250 dollars, respectively. In particular, failure to break $25,250 to the downside on the big timeframe will further strengthen BTC’s uptrend.
