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truecodecapital
May 24, 2021 6:58 PM

BTC Still in the Resistance / Support Zone from Jan 2021 

Bitcoin / U.S. dollarBitstamp

Description

While we can't guess what comes next for BTC, we can notice the resistance / support zone from Jan 2021 is being tested again.

A break above the zone would be positive, but if the trend breaks below the range, there may not be support again until 20k.

This is a good day to wait and see.

Comment

BTC still rangebound by the resistance / support zones from earlier in the year. Only time will tell which direction it chooses.
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