“Bitcoin is currently fighting with the $40,000 resistance, and if it manages to break it, we might see a similar volume explosion as when it dropped below this level. Until then, trading activity might be muted as momentum traders often wait for specific price action before making directional bets,” Arcane Research wrote.
Related posts
-
Historical Trends Put Bitcoin At $400,000 With Shocking Timeline
Este artículo también está disponible en español. Based on historical trend patterns, a crypto analyst has... -
Bitcoin Price Back on Track: Can It Maintain Traction?
Este artículo también está disponible en español. Bitcoin price started a fresh increase above the $64,750... -
Bitcoin rallied on Thursday, but recent history says this pop will fade as well
Bitcoin rallied on Thursday, but if trading this year is any guide, this pop will be...