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BTC Bulls to Target $28,000 on Hopes of a Regulatory Landscape Shift

From fxempire.com

On Saturday, bitcoin (BTC) fell by 0.65%. Partially reversing a 1.57% gain from Friday, BTC ended the day at $27,077. Significantly, BTC fell for the fifth time in six sessions. After a choppy start to the day, BTC rose to a mid-afternoon high of $27,340 before hitting reverse. Falling short of the First Major Resistance Level (R1) at $27,533, BTC fell to a late-session low of $26,924. However, steering clear of the First Major Support Level (S1) at $26,743, BTC found late support to end the day at $27,077. Mixed Sentiment Toward the Fed Policy Outlook Weighed It was a quiet Saturday session, with no US economic ... (full story)

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