#Bitcoin Update:
Unfortunately, it's not looking too bright for #BTC at the moment. After losing trend-line support at $28k, the cryptocurrency experienced a sharp fall towards the
27K level. With not much bullish strength in sight, we are now expecting a move towards $26k in the coming weeks.
That being said, it's important to keep an eye on the charts and never trade blindly. Make sure to wait for confirmations before opening any trades.
Support levels to watch out for are at $25900 and $24200, while resistance is at $28700.
In summary, the short-term market trend for #Bitcoin is bearish. Keep a level head and make informed decisions in the days ahead.
Unfortunately, it's not looking too bright for #BTC at the moment. After losing trend-line support at $28k, the cryptocurrency experienced a sharp fall towards the
27K level. With not much bullish strength in sight, we are now expecting a move towards $26k in the coming weeks.That being said, it's important to keep an eye on the charts and never trade blindly. Make sure to wait for confirmations before opening any trades.
Support levels to watch out for are at $25900 and $24200, while resistance is at $28700.
In summary, the short-term market trend for #Bitcoin is bearish. Keep a level head and make informed decisions in the days ahead.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.