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Tuesday

26 January 2021

TA: Bitcoin Stuck In A Crucial Range, Why $19.5K Is The Key

TA: Bitcoin Stuck In A Crucial Range, Why $19.5K Is The Key


smart summary beta

Bitcoin price is still trading in a broad range below the $19,500 resistance against the US Dollar.

BTC must gain strength above $19,500 to start a fresh rally in the near term.

In the past few days, there were mostly range moves in bitcoin price below $19,500 and $19,600.

A clear break above the trend line resistance could lead the price towards the main $19,500 resistance zone.

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