TA: Why Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $35K
TA: Why Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $35K Reading Time: 2min read Bitcoin price made another attempt to clear $35,000, but it failed against the US Dollar. BTC is currently consolidating above the $33,000 support zone, with a few positive signs. Bitcoin is still facing a strong resistance near the $34,850 and $35,000 levels. The price is currently holding the key $33,000 support level and testing the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $34,500 on the hourly chart of the BTC/USD pair (data feed ...
Source: newsbtc.com