The accumulation phase of Bitcoin (BTC), which has not yet clearly exceeded 31 thousand dollars and is not permanent below 30 thousand dollars, continues.
BTC, which has been pricing in a certain price range for a full week, has not yet decided on its direction. Even though $31,000 was exceeded twice, the price came back below this value. At the same time, the $30,000 value was also neglected on the downside several times. However, investors managed to push the price above this value every time. 👍
The pioneer of cryptocurrencies, which fluctuated in a price region of approximately $ 1,000 and tested the region of $ 31,000 for 4 times, has not yet been able to hold on to this value. If BTC can make a daily close above $31,000, it could head towards $32,400.
As support for another scenario, buyers could not push the price up and lose strength at $30,000.
respectively 👎
Drops to $29.946 – $29.250 – $28.184 and $27.445 can be observed. Failure to operate as $27,445 could bring the price up to $26,818 – $26,233 and $25,257.
In order for the spring mood in the market to continue, it is critical that the 25.250 support is not broken.
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Critical Hours in Bitcoin (BTC) 💥
The accumulation phase of Bitcoin (BTC), which has not yet clearly exceeded 31 thousand dollars and is not permanent below 30 thousand dollars, continues.
BTC, which has been pricing in a certain price range for a full week, has not yet decided on its direction. Even though $31,000 was exceeded twice, the price came back below this value. At the same time, the $30,000 value was also neglected on the downside several times. However, investors managed to push the price above this value every time. 👍
The pioneer of cryptocurrencies, which fluctuated in a price region of approximately $ 1,000 and tested the region of $ 31,000 for 4 times, has not yet been able to hold on to this value. If BTC can make a daily close above $31,000, it could head towards $32,400.
As support for another scenario, buyers could not push the price up and lose strength at $30,000.
respectively 👎
Drops to $29.946 – $29.250 – $28.184 and $27.445 can be observed. Failure to operate as $27,445 could bring the price up to $26,818 – $26,233 and $25,257.
In order for the spring mood in the market to continue, it is critical that the 25.250 support is not broken.
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