Bitcoin Price Close Above $27,500 Could Spark Larger Degree Rally


20 Sep 2023 2:38 AM

Bitcoin price is eyeing a key upside break above the $27,500 resistance. BTC could rally further toward $28,200 if there is a close above $27,500....

  • Bitcoin price is aiming for a breakout above the $27,500 resistance level.
  • The price is currently trading above $26,850 and the 100 hourly Simple Moving Average.
  • A major bullish trend line is forming with support near $26,800.
  • If there is a clear move above $27,500, the price could rally further towards $28,200 and potentially even reach $30,000.

The article has a positive sentiment as it highlights the potential for Bitcoin to rally further if it breaks above the $27,500 resistance level.

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You May Ask

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