Continuing its falling trend with the effect of fud news, Bitcoin ( BTC), went to search for a route around 26 thousand dollars.
The falling trend structure triggered by SpaceX with the sale of BTC has not yet ended. BTC, which was trying to stand up after throwing a needle at $ 25,140, was rejected at $ 26,800. As of the writing of the news, the leader of cryptocurrencies traded at $ 26,034 is watching slightly above the support level. What are the points to be considered in BTC?
Bitcoin (BTC) technical analysis
BTC, which went directly to $ 26,800 with the test of $ 25,140, saw sales pressure from this level and came to the $ 26,000 level. Although it passes above $ 25,873, BTC, which continues to harbor risks, can decrease to $ 25,285 and $ 24,832 with the breakdown of this value.
With the voluminous break of the $26,587 – $26,800 band in BTC, higher levels can be targeted. In this process, news flow about the market will be of critical importance. Persistence above $26,800 could pave the way for a journey to $27,467 – 28,039 – 28,406 – 28,896 – 29,262 and 29,714 dollars, respectively. The area to watch at the upper resistances will be $29,500 – $29,714. It is highly likely that this region will be the deciding factor.
