Bitcoin Breaks Through Resistance: Levels

Price has recent broken higher and we tested $6,900 before falling back.

Written by: Dime Levov • Wednesday, August 22, 2018 • 1 min read

• Last updated: Wednesday, August 22, 2018

Just a quick update for those watching Bitcoin.

BTC has been in a bit of a trading range since it fell away sharply through support.

Since that time we have seen that $6,000 has been the bottom of the range, while $6,600 has been resistance.

Price has recent broken higher and we tested $6,900 before falling back.

If we can hold $6,600 that is a good start. While $6,800 would be better.

Clearly, $7,000 is the major hurdle we have to hold. But it is a decent start.

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Dime Levov

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