Bitcoin support levels to watch as BTC price aims at $28K By Cointelegraph

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© Reuters.

(BTC) is struggling to avoid further losses this week as an extended sideways trading period risks ending in a breakdown.

BTC price action, long constricted by resistance above $30,000, is looking increasingly unstable, data from Cointelegraph Markets Pro and TradingView shows.

1-day chart. Source: TradingView
BTC/USD 1-week chart with 200 SMA. Source: TradingView
BTC/USD annotated chart. Source: CryptoCon/Twitter