ביטקאָין טראגט אין ומגלויב ווי בטק טאַרגאַץ $ 28,000

ביטקאָין (בטק) has reclaimed the $23,000 position after acting as a major קעגנשטעל hurdle recently. As the asset attempts to build on its upward trajectory, investors are wondering if this new position signals a sustained rally or is just a temporary ביק לויפן.

אין דעם שורה, קריפּטאָ טריידער and analyst by the Twitter pseudonym of Thescalpingpro, דעם 26טן יאנואר סטייטיד that Bitcoin hitting $28,000 remains in play, but the דיגיטאַל אַסעט faces heavy resistance ahead.

Following the rally, the analyst suggested that Bitcoin טראגט remain in disbelief as they continue to קורץ the cryptocurrency. However, he pointed out that the zone of $23,500 and $24,500 remain key areas to watch, as he believes breaching this area will push Bitcoin to $28,100.

“Bitcoin price is near the range high, the entire $23.5k ~ $24.5k is a heavy resistance area. Bears are still shorting it and are in disbelief, won’t be surprised if it breaks out & it goes straight to $28.1k (without any HTF pullback),” he said.

וואָס ווייַטער פֿאַר ביטקאָין?

Although Bitcoin has mainly traded in the green zone, the asset and the overall market continue to face uncertainty, as the sector is operating in almost similar conditions that characterized the 2022 bear phase.

In terms of Bitcoin’s current trend, some analysts have pointed out that bullish sentiments might be prevailing for the maiden crypto. A Finbold מעלדונג indicates that the asset is poised to realize the גאָלדען קרייַז formation pattern. Under this pattern, Bitcoin’s 50-day מאָווינג דורכשניטלעך (MA) approaches crossing above the 200-day MA. 

At the same time, analysts have also שפּיציק אויס that Bitcoin is staring at a possible first-ever טויט קרייז on the one week chart, which spells a bearish sentiment. Interestingly, Thescalpingpro had observed that Bitcoin’s current price movement mirrors the 2015 trajectory, where BTC pumped 214% just before a death cross was about to be realized.

ביטקאָין פּרייַז אַנאַליסיס

By press time, Bitcoin was valued at $23,154, having rallied over 11% in the last seven days. 

With Bitcoin remaining one of the biggest gainers of the year, the asset has witnessed sustained buying pressure, culminating in a market cap of about $444.10 billion.

אָפּלייקענונג: דער אינהאַלט אויף דעם פּלאַץ זאָל ניט זיין געהאלטן ינוועסמאַנט עצה. ינוועסטינג איז ספּעקולאַטיווע. ווען ינוועסטינג, דיין קאַפּיטאַל איז אין ריזיקירן.