On April 23rd, Bitcoin (BTC) attempted to withdraw its troops because the 10 day low was still present.

$26600 has become a popular BTC price target

After closely following BTC/USD, the information for Coindigraph Markets Pro and TradeView increased to $27700 at the time of writing this article.

Compared with the low set the day before, it rose by about 2.5%, which will still be within the range of high concern of trader, and is a potential bearish opportunity to enter the weekly closing market.

On April 23rd, Crypto Tony confirmed to Twitter fans, "$26600 is my current short position target, and it may take a long time to achieve it on Sunday.

This is a very logical goal, and everyone is bidding now, so I am looking forward to receiving feedback after testing

This goal will mean a new bottom for Bitcoin, which fell 10% this week, making its main performance in April largely negative.

Investment analyst Mark Cullen has focused on the probability that BTC/USD will be close to the closing price of April 21 Chicago Mercantile Exchange futures trading at $27310 after the weekly close.

She added in the attached comment, "Many bids are for 265000 pounds, but it is not yet certain whether they will be selected." He proposed a goal similar to Crypto Tony.

Another article emphasizes that the spot trading market sales of the largest trading center, Coin On Net, have increased, which may increase economic downward pressure in a trading environment with poor liquidity on Sundays.

The terrifying bearish swallowing is urgent

It seems that investors have reached the same consensus on the price of the wider BTC market, which indicates that the bearish market cannot change the overall upward trend in 2023 in the short term.

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Mainly including Micha ë l van de Poppe, the founder and CEO of the trading company Eight, who shares popular downside targets.

He added that there is still hope for the weekly chart to reach higher and lower points, thereby maintaining the trend of growth.

I can't see all bearish positions, "he argued.

Everyone is looking for a weekly schedule for HL, which seems like a possible situation, around $26500- $27000 (possibly equivalent to $25000). An increase above $27800 is likely to be a positive reflection of the # Bitcoin $29000 increase, both of which are inheritances of the growth trend

CryptoBullet, a popular trader, sounds more anxious - although he agrees that a week's progress beyond one month does not necessarily mean the end of the bull market.

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