Bitcoin Price Remains Supported
"Bitcoin recently surged above $28,000, but corrected to around $27,278 (50% Fibonacci level). It's currently supported by the 100-hourly SMA at $27,400 and a bullish trend line. Immediate resistance is at $27,850, followed by a significant level near $28,000. A breakthrough above $28,000 could spur further gains towards $28,500 and potentially $29,200."
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