Bitcoin's Price Surge Continues with Best Quarter in Two Years.

1 min read
Source: Cointelegraph
Bitcoin's Price Surge Continues with Best Quarter in Two Years.
Photo: Cointelegraph
TL;DR Summary

Bitcoin's price has dropped to two-day lows of $27,533, with traders flagging important support and resistance levels going forward. Crypto Tony highlights $27,700 as the equilibrium level and key support that bulls should preserve, while Filbfilb believes Bitcoin's 200-week moving average near $25,500 will be front run next. Credible Crypto cautions followers on staying bullish at nine-month highs, with downside targets coming in the form of $22,000-$23,000. On the other hand, Tedtalksmacro offers a more optimistic angle, arguing that Bitcoin has "truly shifted" its structure to produce a clean break with the bear market in place since its latest all-time highs in November 2021.

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