Currently, Bitcoin is facing several resistances prior to its attempt to reach all-time highs (ATH). A correction has started from the first resistance level, which could lead its price down to $63,000.
It won’t be easy to break through its ATH because there’s a significant amount of money waiting at those resistance levels, ready to exit.
Therefore, Bitcoin needs a catalyst to provide the strength to surpass these resistances and enter into a bull run.
It won’t be easy to break through its ATH because there’s a significant amount of money waiting at those resistance levels, ready to exit.
Therefore, Bitcoin needs a catalyst to provide the strength to surpass these resistances and enter into a bull run.
註釋
It remains bearish as long as it does not break through the daily resistance.
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