#Bitcoin Update ( Continues )
Bitcoin price maintained a strong position above the key support zone of $26,500.
BTC underwent a consolidation phase and subsequently initiated a new uptrend above the $26,850 resistance level.
The cryptocurrency successfully crossed the $27,000 resistance level, but encountered resistance near the $27,500 zone.
In case the price fails to breach the $27,700 resistance level, a new downtrend may emerge.
The immediate support level lies near the $27,000 mark on the downside.
Stay tuned for more info!!
