Bitcoin (BTC) Breakout Watch: Holding Strong at Critical Trendline
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Bitcoin is holding above a trendline that has influenced its price movement for the past four years. This level, once seen as resistance, is now being tested as support following a confirmed weekly candle close above it.
Long-Term Support Holds After Weekly Close
A chart shared by Ash Crypto shows Bitcoin staying above a rising trendline that has been in place since 2021. This line previously rejected price on three different occasions over the past three years. Now, with Bitcoin trading above it, the level is acting as support.
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Bitcoin (BTC) Breakout Watch: Holding Strong at Critical Trendline
Поделиться:
Bitcoin is holding above a trendline that has influenced its price movement for the past four years. This level, once seen as resistance, is now being tested as support following a confirmed weekly candle close above it.
Long-Term Support Holds After Weekly Close
A chart shared by Ash Crypto shows Bitcoin staying above a rising trendline that has been in place since 2021. This line previously rejected price on three different occasions over the past three years. Now, with Bitcoin trading above it, the level is acting as support.
В этой новости
Поделиться:
В этой новости
Поделиться:
Читать больше
Bitcoin Flashes Major Bear Signal After Rejection: Is $40K BTC on the Horizon?