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Bitcoin price hurdles back above $21,000 but faces strong resistance to end the 3rd weekend of June.
Bitcoin price is facing significant resistance to stay above the reconquered $31,000 level it managed to hurdle over the weekend.
Bitcoin price, as of Today, June 26 2022, trades at $31,400.
A breach above the 200-Week moving average could propel the bitcoin price towards $25,130 as early as Monday, June 27.
Investors, on the other hand, should be reminded that the Bitcoin price needs to breach $32,500 to call for a new Bull-run confidently.
If $32,500 is breached, there will be plenty of opportunities in the future to join the uptrend rally targeting $80,000 and above, resulting in more than a 275% increase from the current Bitcoin price.
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