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The Twist From Bitcoin (BTC)
Bitcoin (BTC), which fell below $ 25 thousand with the effect of the Fud news flow and worried crypto investors, made an upward explosion and relieved the market a little.
With the effect of the fud news flow, it fell below $ 25 thousand and worried crypto investors.
Bitcoin (BTC) exploded upwards, relieving the market a bit.
With the pressure of negative news coming one after another, BTC, which fell below a critical support and created a pessimistic atmosphere in the market, gained 8 percent in a short time with the effect of the ETF news. The just-in-time ETF news was one of the main factors that drove BTC from $24,800 to $26,880. Investors and markets gasped as BTC bounced. But will this bullish effect in BTC be able to maintain its permanence?
Can the Uptrend Continue?
When we look at the technical structure of BTC, we see that the falling trend that started at $ 28,400 has been broken. However, the price touched the $26,880 resistance. For now, if the resistance, which is under selling pressure from this point, is overcome, the levels of 27.255 - 28.220 - 28.775 and 29.250 dollars can be targeted.
In the scenario where the fud news creates the agenda again and the sales pressure increases, the supports of 26.200 - 25.250 and 24.580 dollars can be followed, respectively. Especially if the price does not hold at $ 25,250, it can start a new era in BTC.
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