Exactly one month ago, I had identified two important resistances for Bitcoin and warned of the possibility of a strong negative reaction. Apparently, bitcoin miners have started selling their bitcoins in these areas and the selling pressure has increased in this area. As of this writing, no confirmed trend changes have been observed. But there is a possibility...
After breaking through the ceiling of another range channel, Bitcoin is moving towards two very strong resistance areas without a pullback. For many reasons, these areas can cause strong negative reactions and even change the trend in the 4-hour timeframe. The first resistance is in the exact range of 41788 to 41268 dollars and the second resistance is in the...