The cryptocurrency market has remained flat for the past 24 hours with no serious developments.
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.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.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.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:
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