Bitcoin and other major altcoins are facing resistance levels, indicating the presence of bears at higher levels. BTC has been rejected near the $28,000 resistance level and is currently trading below $27,000. Ethereum has been trading within a range of $1,700 to $1,800. Binance Coin (BNB) has seen a sharp correction, while Cardano (ADA) and XRP are struggling to maintain their momentum. Litecoin (LTC) has been one of the top gainers of the week. The weekly crypto analysis for BTC shows that it is facing strong resistance near $28,000, with bears still in control of the short-term trend. ETH is likely to face strong resistance near $1,900, while BNB may remain range-bound. The next week is crucial for these cryptocurrencies as they may either break out and initiate a bullish rally or remain in the bearish zone.
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