Reading Innovation/Shenzhen Business Daily reporter Zhou LiangchengAs of 8:30 pm on April 26th, the price of Bitcoin was reported at $29895 per piece, an increase of $2477, or 9.03%, from the previous day, just one step away from the focal point of $30000
Reading Innovation/Shenzhen Business Daily reporter Zhou Liangcheng
As of 8:30 pm on April 26th, the price of Bitcoin was reported at $29895 per piece, an increase of $2477, or 9.03%, from the previous day, just one step away from the focal point of $30000. In the past half month, Bitcoin prices have staged a "roller coaster" trend, rapidly declining after breaking through $30000 for the first time since June last year, falling below the line of 27000 yuan and reaching a new low in nearly four weeks.
On April 11th, the world's largest cryptocurrency by market value, Bitcoin, rose above $30000, reaching its highest price since June last year, before losing momentum. On April 19th, it entered a downward channel and successively fell below two resistance levels of 29000 and 28000. On the early morning of April 25th, Bitcoin fell below $27000 to $26982.0, marking the first time since March 28th that Bitcoin prices had fallen below $27000. On April 26th, the trend of Bitcoin underwent a sudden change in its graphics, rising all the way up. Within one day, it regained three resistance levels of $27000, $28000, and $29000.
There are significant differences in the industry regarding the future trend of Bitcoin prices. Some analysts believe that the market is currently in an oversold state, with $25000 becoming a new focal point. Some analysts have also analyzed that Bitcoin is likely to rebound quickly, hitting a high of $30000 or a new annual high.
Reviewed by: Sun Shijian
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