In the past 24 hours, Bitcoin's price has fallen to a support level between $23,600 and $23900.
A good response to this level has caused a good swing in the price trend. The short-term rise persisted until the minor resistance of $24,534 to $24,655 and noticed a negative response.
But, if this level is broken further, there would be a chance for a price rise to the $25,000–26,000 resistance level.
Overall, Bitcoin is still in a range trend in the 4H TF, and certain altcoins may increase in value if short-term supports continue to hold.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.