Bitcoin (BTC) Tests An Important Threshold😲

Testing $ 31 thousand with the volume of buy-side transactions, Bitcoin (BTC) is fighting in this region.
BTC, which has been fluctuating between $30,000-31,400 for days, once again tested the resistance level. BTC, which has been trading above this resistance since yesterday evening, has withdrawn with some selling pressure. As of the writing of the news, the pioneer of cryptocurrencies, which is $ 31,000, continues to test a critical point. In order to strengthen the bull voices, it is of great importance to maintain a permanence above this value.
BTC, which has been circulating in a 4 percent price zone for days, exceeded $31,000 and tested $31,500 yesterday evening. This point, which was rejected twice in a short period of time, again led to selling pressure. In order for the bullish expectations in BTC to continue, $31,000 and $31,400 must be clearly surpassed. Afterwards, increases can be observed up to $ 32,400.
The support values that can be followed on behalf of BTC are 29.946 - 29.250 - 28.158 - 27.445 - 27.040 - 26.223 dollars, respectively. The trading response at $27,445 and finally $25,250 is critical to sustain the bullish sentiment. In addition, following the news flow in this period when fundamental analysis is the locomotive can support the perspective on technical analysis.
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