Volatility is primed to return after upside above $29,000 fails to become an enduring trend.
Bitcoin (BTC) clung to $29,000 at the May 27 Wall Street open as crucial support levels lay just hundreds of dollars from spot price.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTrader demands higher low above $28,000Data from Cointelegraph Markets Pro and TradingView confirmed volatility once again waning in a frustrating week’s price action.BTC/USD found itself in a tight corridor on the day, and for Cointelegraph contributor Michaël van de Poppe, it would not take much deviation to disrupt the status quo.”Technically speaking, when it comes to Bitcoin, you clearly want to see a higher low happening here, and if that we happens, we can start seeing continuation,” he said in his latest YouTube update.Levels to hold now were nearby — $28,600 and $28,200 to avoid a rematch of the week’s $28,000 low and risk giving up
We współpracy z: https://cointelegraph.com/news/bitcoin-price-approaches-key-support-levels-to-avoid-cascade-south
