Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $27.5K
Bitcoin price is struggling to clear the $27,500 resistance. BTC is slowly moving lower and might revisit the $26,200 support zone in the coming sessions.Bitcoin is still struggling to clear the $27,500 resistance.
The price is trading above $26,800 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support near $26,810 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a bearish wave below $26,800 if it continues to strugg
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