Cryptocurrency analyst Michaël van de Poppe has identified Bitcoin's must-hold zone to be between $26,800 and $27,000. Failure to remain in this zone could result in a potential bullish divergence and a cascade towards less than $26,000. However, if Bitcoin manages to hold this level, it would be good and would need to follow with a flip of $27,500 to trend further upwards. Currently, Bitcoin is changing hands at $27,105, representing a decline of 1.14% on the day and 1.86% across the previous week.
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