Analyzing the 2-hour price chart of Bitcoin, it is observed that it is moving close to the $27,400 resistance. If BTC price breaks the $27,400 resistance and closes the 2-hour candles, it could continue the uptrend to the $28,400 levels.

However, if Bitcoin fails to break the $27,400 level, it can make the downward move up to $26,700 and aim to start its rise from this level.

Bitcoin price could observe $28,400 as a bullish target as long as it stays above the $26,400 level.
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