Bitcoin

<ul><li>If Bitcoin surpasses the $27,400 resistance, it may continue its upward trend.</li><li>If BTC stays above the $26,400 level, it may observe the $28,400 level as its target for growth.</li><li>Bitcoin’s 2-hour chart shows that it is moving near the $27,400 resistance.</li></ul>When examining Bitcoin’s current price chart, it can be seen that it is moving near a critical resistance level. Whether BTC can surpass or break this resistance may determine its future direction.<h2 id="header-0">Medium-Term Bitcoin Price Analysis</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/54c2c801334841828449af20710740df.png" />4 Hour BTC/USD Price ChartWhen examining Bitcoin’s medium-term price chart, it can be seen that it has experienced growth from the support zone mentioned in our previous analysis and has provided our readers with more than 2% profit.<a href="https://en.coinotag.com/can-bitcoin-rise-to-29000-current-btc-analysis-by-a-professional-trader/" rel="noopener noreferrer nofollow">Click here to review the Bitcoin analysis we previously shared.</a>When examining Bitcoin’s current price chart, it can be observed that it is moving near a critical resistance level.If the BTC price achieves 4-hour candlestick closures above the $27,400 level, it may aim to continue its upward trend.However, if Bitcoin cannot surpass the $27,400 resistance, it may experience a downward movement towards the gray zone mentioned in the analysis. If Bitcoin makes daily candlestick closures below the $26,400 level, it may continue its downward trend towards the $25,800 levels.If Bitcoin breaks the $27,400 level and achieves daily candlestick closures above it, its next target will be the $28,900 level.<h2 id="header-1">Short-Term Bitcoin Price Analysis!</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/64bb2885aed74e169e37a078ab80bd5d.png" />2 Hour BTC/USD Price ChartWhen examining Bitcoin’s 2-hour price chart, it can be observed that it is moving near the $27,400 resistance. If the BTC price achieves 2-hour candlestick closures above the $27,400 resistance, it may aim to continue its upward trend towards the $28,400 levels.However, if Bitcoin cannot break the $27,400 level, it may experience a downward movement towards the $26,700 levels and aim to start its growth from there.If the BTC price stays above the $26,400 level, it may observe the $28,400 level as its target for growth.Source: <a href="https://en.coinotag.com/will-bitcoin-trigger-a-bullish-movement-latest-btc-analysis/" rel="noopener noreferrer nofollow">https://en.coinotag.com/will-bitcoin-trigger-a-bullish-movement-latest-btc-analysis/</a>

Will Bitcoin Trigger a Bullish Movement? Latest BTC Analysis!

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