Bitcoin Preparing a Charge at $27K While Altcoins Mostly Flat (Market Watch)

Bitcoin Preparing a Charge at $27K While Altcoins Mostly Flat (Market Watch)

The cryptocurrency market has remained mostly flat for the past 24 hours, and Bitcoin has been unable to make a move throughout the period. However, this might as well be a stepping stone and a preparation for an attempt at $27K.
Most of the altcoins have remained flat with certain exceptions, so let’s dive in.
Bitcoin Preparing for $27K?
Bitcoin’s price has failed to produce anything of substance throughout the past 24 hours and remains largely situated around where it was trading yesterday – at around $26,500.
Source: TradingView
That said, according to the co-founder of Glassnode, $27K seems to be the next resistance to overcome, while there might be some selling pressure induced by profit booking at around $27.4K and later at $28.2K, if the cryptocurrency is to reach that level.
All in all, he seems to believe that the current increase in Bitcoin’s price will ultimately lead to another test of the coveted $30K level.
Altcoins Flat, TON Continues to Rip
Altcoins also failed

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