Bitcoin's Price Volatility Continues Amidst Regulatory Pressure and Predictions of Explosive Upside Move.

Bitcoin's price fell below $27,300 on Bitstamp, with traders eyeing a potential reversal zone at $26,500 and support at $25,000 should current support break down. However, some traders remain bullish, eyeing a potential copycat move of price action from February. Meanwhile, hodlers are in two minds over whether to sell into strength, even during Bitcoin's run to $31,000, with the area at $28,000 and up representing a major breakeven point across the hodler spectrum.