Current Date:February 23, 2025

Anchored $28,000 in Bitcoin! April 8 Bitcoin (BTC) Analysis

After Bitcoin (BTC) tested the $28,700 resistance, the selling pressure continued and brought the price to $28,000, how is BTC progressing?

Testing $28,700, showing a hard shot at short range BTC faced a wave of sales starting from this level. First try the monthly opening price BTC could not hold in these ranges, and regressed to the weekly and daily opening price, respectively. BTC, which caught a buyer at $ 27,700, again jumped over $ 28,000.to the crypto market gave some confidence . The target of $ 30,000, which is still ongoing in crypto investors, continues with BTC holding above this level.

Bitcoin (BTC) Chart Analysis

Starting at $27,200 rise trend initiator BTC, instant pricing It had tested $28,800.from these levels serious sales edition by seeing , fell to the level of $ 27,900. The leader of cryptocurrencies that cannot find enough buyers after falling below the monthly opening price, It saw another wave of selling and fell below its weekly opening price. . Currently holding at $28,000 It is of great importance for BTC to clearly exceed the levels of $ 28,250 – $ 28,600 and $ 29,190, respectively, in order to continue on the uptrend.can happen On the downside, the $27,700 level and the $27,200 level are support.work can be followed.

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