Bitcoin Breaks Through Resistance: Levels
Rowan Crosby • 1 min read
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.