Bitcoin, which managed to capture the buyer audience after dropping the needle to 27 thousand 150 dollars ( BTC) exceeded 27 thousand 450 dollars and gave the market a sigh of relief.
BTC, which started to retreat before reaching the resistance of $ 28,815, was at $ 27,150. A successful break of the minor support level propelled the price above $27,600. As of the current situation, $27,450, which is a critical and also decisive level, is in a support position for BTC. As long as this value is not lost, investors in the cryptocurrency market seem to have a stronger hand.
Bitcoin (BTC) chart review
BTC, which jumped from $ 27,150 and exceeded its upper resistance, is trading at $ 27,629 as of the writing of the news. In order to continue the excitement in cryptocurrencies, the resistance levels that can be followed are 28,120 – 28,815 – 29,547 and 30,026 dollars, respectively. More significant price movements can be observed with the break of $ 30,000.
Any break below $27,450 could signal a move towards $25,638. However, the first support levels to watch are 27,151 – 26,800 – 26,400 and 25,638 dollars, respectively. In particular, BTC’s price movements between 26,800 and 26,950 dollars can be a serious indicator for the short-medium term.
