What's next in BTC price? After a few days of difficulties, Bitcoin has recently risen above the moving averages. Currently, the bulls are working to prevent bears from pulling the price below the 20-day exponential moving average at the $26,840 level. BTC price is trading at $27,022, up over 0.5% compared to yesterday's rate. There is a rising upward trend in moving averages, and the relative strength index (RSI) shows positive signs, pointing to an upside momentum. A light resistance is expected to be at $27,500, but this resistance level can be exceeded. The BTC price could then approach the next $28,201 resistance, and if successful, it could move towards the $30,108, where a significant strife between the bulls and the bears was expected. On the other hand, the $26,000 sign is very important. Bears can gain advantage if violated. This could potentially lead the price to drop towards the strong support level of $24,845.

What's next in BTC price? After a few days of difficulties, Bitcoin has recently risen above the moving averages. Currently, the bulls are working to prevent bears from pulling the price below the 20-day exponential moving average at the $26,840 level. BTC price is trading at $27,022, up over 0.5% compared to yesterday's rate. There is a rising upward trend in moving averages, and the relative strength index (RSI) shows positive signs, pointing to an upside momentum. A light resistance is expected to be at $27,500, but this resistance level can be exceeded. The BTC price could then approach the next $28,201 resistance, and if successful, it could move towards the $30,108, where a significant strife between the bulls and the bears was expected. On the other hand, the $26,000 sign is very important. Bears can gain advantage if violated. This could potentially lead the price to drop towards the strong support level of $24,845.
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