Bitcoin [BTC] makes a new high of $27K- Are shorting opportunities limited
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinionretested the $26K price level twice within a week. Investors partly fueled the retest
The king coin was temporarily confined within the $23.98K – $25.07K range and broke above it last week , making a new high of $26.39K after assurance from U.S. regulators that depositors of troubled banks would be made whole. Alternatively, short-sellers could gain leverage if BTC closes below $27.21K. But bears must clear the hurdle at $26.37K and $25.07 to dent the bullish sentiment.
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