Bitcoin

<ul><li>Bitcoin experienced a drop of more than 3% today and fell to levels of $28,250.</li><li>Where are the important support and resistance levels for Bitcoin?</li><li>Which levels should Bitcoin investors follow?</li></ul>Will Bitcoin continue to decline? What will happen to the future of Bitcoin? Current Bitcoin analysis!<h2 id="header-0">Medium-Term Bitcoin Price Analysis!</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/b0edfff3edff4c71848087f380fd5459.png" />BTC/USD Price Chart Source: TradingViewWhen examining the medium-term price chart of Bitcoin, it can be seen that it is trying to hold onto the important support level of $28,600.If the Bitcoin price makes 4-hour candlestick closures below the $28,600 support, it may realize the downward movement to the range of $27,800 – $28,000.Bitcoin price may rise again to the level of $29,900 if it receives support from the $27,800 levels and makes 4-hour candlestick closures above this region.If Bitcoin makes 4-hour candlestick closures below the $27,800 support, its first target will be the $27,200 levels.Continue Reading: <a href="https://en.coinotag.com/bitcoin-price-forecast-downtrend-may-continue-latest-btc-analysis/" rel="noopener noreferrer nofollow">https://en.coinotag.com/bitcoin-price-forecast-downtrend-may-continue-latest-btc-analysis/</a>

Bitcoin Price Forecast: Downtrend May Continue! Latest BTC Analysis!

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