Bitcoin: Upcoming Zones of Resistance

in #bitcoin • 7 years ago

Bitcoin is again moving higher. Two zones of resistance from January are in the way of its rise, and both levels of resistance capped bounces Bitcoin made in January before turning lower.

On January 20th, BTCUSD topped out at $13,098.12.

And on January 28th, BTCUSD hit a high of $11,989.15.

Both levels will need to be surmounted as Bitcoin moves into higher territory.

Resistance.PNG

DISCLAIMER

This post is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action.

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7 years ago in #bitcoin by
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