Bitcoin Analysis By Arzdigital

Crossing and closing the price candle above the $24,450 and $24,500 resistances can be a spark to start another uptrend. In this case, Bitcoin will have the chance to raise itself to the level of $25,000 and if the price growth continues, the next target for buyers will be the level of $25,800. On the other hand, if Bitcoin succeeds in If the $24,450 resistance is not crossed, the downward trend may continue. In this case, the closest support in front of the price level will be $23,665. The next key support is near $23,450 and breaking this level can increase the downward pressure on the price. In such a situation, the risk of Bitcoin falling to the level of $22,750 will also increase. As mentioned, $23,665 and $23,500 are the key supports of Bitcoin, and $24,450 and $24,500 are resistances. They act in front of the price.