Bitcoin Price Analysis: $BTC Price To Squeeze Before an Explosive Move; Time to Buy?

Bitcoin Price Analysis: Amid the ongoing recovery in the crypto market, the Bitcoin price breached a significant resistance zone of $27500-$27300. This breakout was supposed to recuperate the buying momentum and resume the prior recovery but the buyers failed to surpass the immediate resistance trendline of the falling channel pattern. This reversal may reflect the correction is not over for BTC holders.