Bitcoin Faces Pivotal Test at $28K as Bulls and Bears Battle Over Key Price Level

Bitcoin price passed $28K but needs to reclaim it as support for bullish momentum.

$28K is a "crucial milestone" and "pivotal" for BTC according to Glassnode co-founders.

Bitcoin is battling bears and bulls at $28K, a key level for leverage and liquidity.

Road to 2024 halving is contested, with differing predictions on BTC's pre-halving price.

Traders are split on market direction, with some betting on upside while others expect retest of $20K.