​​Bitcoin is fighting for a bullish trend Bitcoin bulls and b | Global CRYPTO News

​​Bitcoin is fighting for a bullish trend

Bitcoin bulls and bears are battling for control of a key area on the BTC chart, with network fundamentals set to reach new all-time highs.

Bitcoin is fighting for a bullish trend as the new week begins as the market operates within the critical zone.

After the weekly candle closes just below $27,000, BTC/USD is trying to gain a foothold at the support level as the stubborn trading zone holds.

The stakes are already high – last week there was a sharp drop below $26,000 and two-month lows for bitcoin, leaving traders wary of an upcoming larger bearish breakout.

Although it has not occurred, the nerves remain tense for both shorter and longer time intervals.

Where is the price action likely to go next? A relatively cool macro week means less chance of volatility from external sources.

Add to this the upcoming difficulty adjustment, which will lead to another all-time high, and it is quite possible to talk about continued growth.