Bitcoin (BTC/USD) moderated after recent gains early in the Asian session as the pair fell back below the 27000 figure after peaking around the 27313 area, representing a failed test of an upside price objective related to buying pressure around the 24900 and 25983.78 levels.
Bitcoin (BTC/USD) maintained some positive momentum early in the Asian session as the pair sought to sustain another break above the 27125.53 area, a previous downside price objective associated with selling pressure around the 31862 and 30222 levels.
Bitcoin (BTC/USD) remained volatile early in the Asian session as the pair orbited the 26526 area during a recovery, a recent level where selling pressure intensified following downward activity around the 26731 area.
