After an impressive rally and consolidation at the first resistance zone of $9200 – $9300, Bitcoin broke above to our next mention targets of $9400.
Bitcoin will soon have to face a crucial resistance line, the yellow descending line on the following 4-hour chart. So far, Bitcoin had seen five failed attempts to break above this line.
he $9600 is now the first resistance, while the major one will be the yellow line on the following 4-hour chart (around $9700).
In case of a breakup, Bitcoin...
BITCOIN PRICE ANALYSIS
Bitcoin will soon have to face a crucial resistance line, the yellow descending line on the following 4-hour chart. So far, Bitcoin had seen five failed attempts to break above this line.
he $9600 is now the first resistance, while the major one will be the yellow line on the following 4-hour chart (around $9700).
In case of a breakup, Bitcoin...
BITCOIN PRICE ANALYSIS
* This article was originally published here
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