Bitcoin's Price Volatility Continues Amid Economic Uncertainty.

Bitcoin's support level of $27,000 is at risk of breaking down, with traders waiting for new lows. BTC/USD was trading near $26,800 at the time of writing, with an overall lack of liquidity causing the largest-volume traders to reduce activity. While the long-term outlook is bullish, trading group Stockmoney Lizards offered a potential downside target of $25,000, with the 25-week simple moving average presented as a possible support line. The current trading range, featuring as a key support and resistance zone from 2021 onward, showed no signs of relinquishing control.