7 Jan 2020.
Looking at the bigger picture, Bitcoin is about to break down the.
Hence, the first test of this trend came at the $11,000 level (as mentioned above).
Key Levels to Watch.
From the bullish side, the nearest resistance is now the 50-day.
and as of writing this, the indicator is hovering in bearish territory,
21 Dec 2018.
It was a rough year for bitcoin–and cryptocurrencies in general.
the price has still tumbled; today it hovers at a little over $3,000.
To answer both, you have to look at quite a few factors.
peak, bitcoin in early 2018 dropped to around $10,000 and hovered there for a while.
For now, we wait and see.
Wait and Watch? Bitcoin Prices Hover Near Make or Break Level. Sep 25, 2017 at 13:00 UTC Updated Sep 26, 2017 at 08:01 UTC.
The price finds a level that it's unable to break through, with this level acting as a.
This often makes the support and resistance zones ideal for large traders (or.
Entering a trade near a level of support or resistance area may be a.
It's especially true for cryptocurrency trading, which involves easily divisible digital units.
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