Bitcoin Testing 40K Resistance With Mixed Signals: What’s Next?

By Lucas Montero, technical analyst at Finanflix

Bitcoin (CRYPTO: BTCis showing a dynamic resistance since its all-time high at $68,789.63. Whenever this resistance was tested, the price dropped significantly.

Since January, Bitcoin has formed a lateral bullish channel in which it has been moving for more than three months, understanding the base of the channel as buy zones and the top …

Full story available on Benzinga.com

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