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26 July 2021

Bitcoin price passes $32K with traders wary of 'relief rally' if resistance stays

Bitcoin price passes $32K with traders wary of 'relief rally' if resistance stays


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The pair saw an abrupt reversal of trajectory on the BoA announcement, having previously tested $31,000 support repeatedly throughout the day.

"BTC needs to reclaim orange as support if BTC is to maintain the upper half of this blue wedging structure," he said alongside an explanatory chart.

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BTC gains 15% in 3 hours amid tight squeeze
published: 1 hour ago
A sharp squeeze has seen Bitcoin quickly rally to test $40,000 for the first time in roughly six weeks, reclaiming its 50-day moving average in the process.

sentiment (-0.1) Negative

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cointelegraph.com
Market data feeds provided by cryptocompare.com
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