#mysteryofcrypto
#Bitcoin Update (Continuous)
BTC weekly candle closed in red as we expected. Bitcoin price is currently below $26,000 and holding the $25,570 support level.
The immediate resistance is around the $26,000 level and the trend line region.
The first major resistance is near $26,150, and a clear move above it could trigger a decent increase.
The next significant resistance lies around $26,500, and a close above it may push the price higher.
The next major support is near $25,400, and a drop below it could lead to a potential decline towards the $25,000 support level in the near term.
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