Bitcoin bulls are currently in control of the short-term market sentiment, with BTC surging above the $27,577 region and showing a positive trend on both the 1-day and 4-hour charts. However, there is still resistance in the $28,044 region that could act as a barrier to further upward momentum. Traders should keep an eye on potential pullbacks and the support level of $27,577, as well as the resistance at $28,044, to better understand the direction of the Bitcoin market.
All Comments