ICYMI: Bitcoin's way to the much-desired $50,000 level lies through at least two major resistance points BTC $BTC
The next resistance before $50,000 would be the range starting from $49,620, in which almost 1.5 million addresses opened their positions. The mentioned range, on the other hand, is significantly smaller compared to the $47,796-$49,211 resistance zone, with a total volume of 1.16 millionThe most actual resistance remains significantly larger compared to the closest support which, according to the indicator, ends at $46,312.
In the provided example, the $47,796-$49,211 range contains around 2.4 million addresses that opened almost 1.2 million BTC worth of positions, which means that some portion of funds concentrated in the range may be sold as the first cryptocurrency enters the zone, which will create tremendous pressure on the price of the asset.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How can we get the $50 property tax credit if we don’t file a return?There are several property tax breaks if you qualifty.
Weiterlesen »
Spanish twins reportedly born in 1-in-80,000 ‘mermaid’ birthA Spanish twin was delivered in a 1-in-80,000 “mermaid” birth — inside an intact amniotic sac, according to a report.
Weiterlesen »
Outside The bitcoin Echo Chamber: Here's Why I'm Not Stacking Sats | HackerNoon
Weiterlesen »
Peter Brandt Hints at Another 30% BTC Breakout as He Shares This Fundamental PatternAs $BTC reaches $47,000, Peter Brandt shared an interesting pattern that Bitcoin may follow in the coming weeks
Weiterlesen »
Terra (LUNA) Reaches New All-Time High Amid Bitcoin Buying SpreeThe price of Terra has reached yet another record peak after Luna Foundation Guard (LFG) made a series of a major Bitcoin purchases
Weiterlesen »
Terra (LUNA) Reaches New All-Time High Amid Bitcoin Buying SpreeThe price of Terra has reached yet another record peak after Luna Foundation Guard (LFG) made a series of a major Bitcoin purchases
Weiterlesen »