BTC/USD
Over the last 24 hours, the value of Bitcoin (BTC) has decreased by 0.76%.
On the native chart, Bitcoin‘s (BTC) speed is poised to breach the recently formed support at $27,710. If the breakout happens, the energy that has been accumulated might be enough for a decline to the $27,200–$27,400 range.
Despite the bullish candle from yesterday, the price of Bitcoin (BTC) has once again failed to rise above the $28,000 level, which is bearish domestically. If nothing changes, the drop might reach a region around $27,000.
It’s still too early to forecast midterm results because the week has only just begun.
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