Weekly opening in Bitcoin was sluggish - Coinleaks
Current Date:November 7, 2024

Weekly opening in Bitcoin was sluggish

In Bitcoin, which entered September silently ( BTC) volatility is gradually decreasing.

SECtraded in a short price range as events become stable. BTC maintains the same structure. The fact that the weekly opening was also quiet did not disrupt the stability of cryptocurrencies. Also, the slowdown in the news flow in the industry continues to prolong the accumulation process in BTC. Which levels are important to follow for BTC? How are things going on the technical side?

Bitcoin (BTC) technical analysis

BTC, which exhibited shorter price movements after pinning $ 25,300, started the week indecisively. The leader of cryptocurrencies, which does not leave the $ 25,800 – $ 26,000 range in general, may be waiting for news for a voluminous move. BTC, which has found buyers at $ 25,986 as of the writing of the news, can target 26,800 – 27,150 – 27,467 – 28,106 and 29,088 dollars, respectively, if it maintains above $ 26.313.

Any process where $25.814 is below will be one of the main factors triggering the selling pressure in BTC. With the loss of $25,814, the $25,285 and $24,832 levels can be followed as support points. The range of $ 25,300 – $ 25,150 will determine the course of the price structure.

Share