Bitcoin

<ul><li>Will Bitcoin break the 31K resistance zone?</li><li>Bitcoin’s 24-hour volume decreased by 18%.</li><li>Will Bitcoin be able to hold onto the critical support level of $29,600?</li></ul>Will Bitcoin continue to rise? Increasing long positions in Bitcoin are scaring altcoin investors. Current Bitcoin price analysis!<h2 id="header-0">Medium-Term Bitcoin Price Analysis!</h2>4 Hour Bitcoin Price Analysis! Source: TradingViewWhen we examine the 4-hour price chart of Bitcoin, we see that it experienced a drop to the $30,000 levels after encountering selling pressure from the important psychological resistance level of $31,000.If the price of Bitcoin takes liquidity at the $31,000 level on the 4-hour chart and starts a downward movement from that area, it can realize its decline to the $29,700 levels.If the price of Bitcoin cannot make 4-hour candlestick closes above the $31,000 level, the target for the decline will be the $29,700 level. If the price of Bitcoin makes 4-hour candlestick closes above the $31,000 level, the target for the rise will be the $32,200 levels.Continue Reading: <a href="https://en.coinotag.com/bitcoin-could-decline-if-it-fails-to-break-through-a-critical-level/" rel="noopener noreferrer nofollow">https://en.coinotag.com/bitcoin-could-decline-if-it-fails-to-break-through-a-critical-level/</a>

Bitcoin could decline if it fails to break through a critical level!

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