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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
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Bitcoin (BTC) Indecision Dominated 💥
Bitcoin (BTC), which continues to trade in a short price zone, has not yet clearly determined its direction.
The leader of cryptocurrencies, which oscillates in an area of 4 percent, did not clearly draw its course.
BTC, which has been priced positively in line with the fundamental analysis for a few weeks, is stable in price as the news flow pauses. BTC, which is currently at $ 30,700 at 13:20 TSI, could not exceed the level of $ 31,400, which has been tried many times.
BTC, which continues to accumulate between $ 31,400 - $ 29,950, has not yet clearly exited this price zone. BTC, which is $30,818 at the time of writing, is hovering above its daily, weekly and monthly opening price.
In order for cryptocurrencies to continue upwards, the resistance levels to be followed in BTC are respectively 👍
$31,000 – $31,400 and $32,400. In particular, being able to stay above $31,400 is critical.
The downward conclusion of the accumulative period, respectively, in BTC 👎
It can open the way to $29.950 – 29.250 – 28.158 – 27.445 – $27.040 and $26.233.
In addition, the dynamics of the market, which has been advancing with the news flow for a while, may also have an effect on the technical side depending on this situation.
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