Bitcoin (BTC/USD) continued to consolidate a brief recovery early in the Asian session as the pair failed to sustain a break above the 26374.02 area following a climb to the 26444.95 area. Recently, BTC/USD tested recent lows following selling pressure that intensified around the 26731 and 26526 levels. Stops were elected below the 26297.92 area during the depreciation, a downside price objective associated with selling pressure that strengthened around the 26638.40 area. Traders knocked BTC/USD lower to the 25983.78 area during the selloff, representing a test of a downside price objective related to recent downward pressure around the 27108 and 26795 levels. Bearish technical risk is increasing and could result in a test of additional downside price objectives around the 25815, 25775, 25668, 25645, 25598, 25331, and 24899 areas. A series of lower relative highs suggest the 24900 area could be at risk again.
Further below the market, Stops are accruing below some downsid
We współpracy z: https://cryptodaily.co.uk/2023/09/bitcoin-price-analysis-lower-highs-spotlight-downside-risks-27-september-2023
