Bitcoin

<ul><li>Bitcoin recently smashed through the $26,030 resistance level, aiming for $27,000 next.</li><li>Technical indicators signal neutral to bearish momentum in the near term.</li><li>Bears might seize control again, targeting a fall back to $25,300 levels.</li></ul>In a <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">noteworthy </a>development today, Bitcoin surged past the pivotal $26,030 mark. For the past week, the digital currency had been oscillating below the $26,000 level. However, it now appears to have entered a bullish phase, trading at around $26,496 at the time of this report. A bullish divergence marked the beginning of this price climb, setting the stage for Bitcoin&#39;s current upward trajectory.Crypto analysts and educators known on Twitter as CryptoBusy shared a post providing insights on the current valuable trends of the Bitcoin market:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/3b2fb0dd0b474ad89c3f36b37d8119c9.png" />The currency touched an intraday high of $26,830, nearing its newly established resistance level at $26,800. The next significant resistance is placed at the $27,000 mark for traders eyeing a good entry or exit point. If the present bullish momentum sustains, this could be the next target for Bitcoin investors. Nevertheless, if Bears makes a come back the cryptocurrency is likely to retake the market, pushing the price back toward the $25,300 support zone.Over the past seven days, bullish sentiments have dominated the Bitcoin market. Despite short-lived bearish corrections, the price of Bitcoin has risen by more than 2.50% in one week. Market enthusiasts seem to be increasingly optimistic about cryptocurrency, given these upward movements.Read full article at <a href="https://cryptotale.org/bitcoin-surges-past-26030-eyes-next-resistance-at-27000/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Bitcoin Surges Past $26,030, Eyes Next Resistance at $27,000

CryptoTale

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