#bitcoin price moves above $27,000 but BTC investors are fearful in the long term.
_During last weekend. The world's largest
#cryptocurrency #bitcoin (BTC) recorded a strong upward movement amid whale accumulation. As of press time. Bitcoin is trading 1.29% higher at $27,241 and has a market cap of $530 billion. The recent break above $27,000 opened the door for BTC price to advance to $27,800. According to technical charts. However, amid ongoing concerns about a significant price correction.
#Long-term Bitcoin holders have shown fear. Key Price Levels to Watch for Bitcoin Bitcoin is currently trading above $27,000 and is positioned above the 100 hourly simple moving average. However, it is facing major resistance around the $27,300 level.
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