news

bitcoin

1 X bitcoin bitcoin =

Tuesday

21 September 2021

Bitcoin Indicators Point to Possible Inevitable Break Above $40K Resistance

Bitcoin Indicators Point to Possible Inevitable Break Above $40K Resistance


smart summary beta

CryptoQuant claims that this is the “highest outflow level” since Bitcoin has been testing the lows of its current range, around $29,000, and the high levels at $40,000.

This data also suggests that the price could reclaim the previous high without “great demand”, CryptoQuant said.

Thisspike was recorded during the days before the big rally that took BTC from the low $30,000 to its current levels.

This could be additional fuel for Bitcoin to break out from its current pattern.

Goto Full Article

bitcoin bitcoin price

$42162.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.2)

Article Metadata

author

site

newsbtc

tags

Market data feeds provided by cryptocompare.com
bitsmart 2021