Bitcoin’s “Crucial” Weekly Close Nears as BTC Hovers Above Key Level

Bitcoin’s price is largely stagnant in the time following its strong move up to $11,400 This consolidation is bullish because it shows that bulls have enough strength to remain in control of BTC’s near-term trend The key resistance to watch in the near-term sits at $11,600. A break above this level would be technically significant and likely lead to further upside One analyst is now noting that he is awaiting today’s weekly candle close before […]
Bitcoinist.com

5 total views, 1 views today

Author: toutiao