🔴Market Update - Tue, Oct 3, 2023🔴
Bitcoin is trading at $27,335, down 3.5% in the last 24 hours.
Support: $27,250 (Monday low)
Resistance: $28,613 (Monday high)
Bitcoin's daily candle closed below $28,300 on Monday and we are now in a trading range between $27,250 and $28,300.
If it breaks below $27,250, that's not good. It could mean that the price will keep falling to $26,700 or even $26,400. But if Bitcoin breaks above $28,300, that's a good sign. It could mean that the price will go up to $29,000 or even higher$BTC #crypto2023 #dyor
Bitcoin is trading at $27,335, down 3.5% in the last 24 hours.
Support: $27,250 (Monday low)
Resistance: $28,613 (Monday high)
Bitcoin's daily candle closed below $28,300 on Monday and we are now in a trading range between $27,250 and $28,300.
If it breaks below $27,250, that's not good. It could mean that the price will keep falling to $26,700 or even $26,400. But if Bitcoin breaks above $28,300, that's a good sign. It could mean that the price will go up to $29,000 or even higher$BTC #crypto2023 #dyor