The confusion of the market day by day had upset the balance of Bitcoin (BTC), how can BTC move forward in line with these events?
For a few days, Fud had been slackened by the news. BTC It was able to push up again by finding support at $25,870. Coming to $26,800 BTC It is currently in a critical price band. Clearly affected by the news flow in the market BTC, has come to an important threshold for the next price route.
Bitcoin (BTC) Chart Analysis
The selling pressure on the BTC side is not over yet. The leader of cryptocurrencies, which started a downtrend at $ 29,800, is currently trading at $ 26,808. The claims that the USA sold BTC, which came to the agenda recently, had been one of the factors that triggered the decline. BTC, which breaks the supports one by one, could come to $25,876 and $25,257, respectively, if buyers fail to pull the strings.
The leader of cryptocurrencies, which currently finds buyers at an intermediate price, can gather strength again if it permanently exceeds $ 26,800. Decreased Fud news is one of the main conditions for bullish expectations to occur in BTC. If these conditions are met, the 27.247 – 28.200 – 28.775 – 29.250 and 30.000 dollars resistances can be followed as targets, respectively.
