View full page at cryptocraft.com

 

Bitcoin: Continues to See Upward Pressures

From dailyforex.com

Bitcoin exhibited slight positivity during the early hours of Friday, continuing its upward trajectory and challenging the $52,000 level, which has historically served as a significant resistance barrier. This is an area that I think will come up time and time again going forward. The BTC/USD pair saw another rise on Friday, hovering around the crucial $52,000 mark. This level holds considerable importance on longer-term charts, explaining the market's hesitation to break through decisively. However, given the recent surge in prices, a minor pullback appears likely and indeed necessary. A 33% increase in just a few ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis