2024

Bitcoin

Resistance

Rekt

<ul class="news-points"> 
 <li><strong>Bitcoin faces resistance after historical trends post-halving, hinting at short-term volatility.</strong></li> 
 <li><strong>Tom Lee’s bullish $150,000 BTC forecast for 2024 stems from macroeconomic shifts and Fed policies.</strong></li> 
 <li><strong>Despite short-term dips, Bitcoin’s potential for significant gains aligns with broader analyst sentiment.</strong></li> 
</ul> 
<p>Bitcoin is currently facing resistance at its upper range, indicating potential volatility in the short term. According to a recent analysis by Rekt Capital, Bitcoin has historically never been ready to break out of a re-accumulation range so soon after a halving event. As Bitcoin prices struggle at this high resistance, the cryptocurrency market remains in a state of flux.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> <br><br>Bitcoin is rejecting at the Range High Resistance<br><br>Historically, Bitcoin has never been ready to breakout from a Re-Accumulation Range this soon after the Halving<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> <a href="https://t.co/Jw7FcQuPSo" target="_blank" rel="nofollow">https://t.co/Jw7FcQuPSo</a> <a href="https://t.co/tV7N3hyvZb" target="_blank" rel="nofollow">pic.twitter.com/tV7N3hyvZb</a></p>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1793631317671948792?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 23, 2024</a>
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<p>The <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">current Bitcoin price</a> stands at $67,264.08, reflecting a 3.13% decline in the past 24 hours. Trading volume in the same period reached $43.099B. Despite the recent dip, Bitcoin’s market capitalization remains …</p>
<p>The post <a href="https://coinedition.com/bitcoin-faces-resistance-hurdle-will-2024-be-the-breakout-year/">Bitcoin Faces Resistance Hurdle: Will 2024 Be the Breakout Year?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin Faces Resistance Hurdle: Will 2024 Be the Breakout Year?

Coin Edition

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