Symmetric

Bitcoin

Edge

<h2 id="span-data-font-font-size-style-font-size-20px-bitcoin-bounces-off-44-500-resistance-retreats-to-42-500-level-br-span">Bitcoin bounces off $44,500 resistance, retreats to $42,500 level. </h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, BTC attempted to surpass the $44,500 resistance once more but faced another setback.</li>
 <li>A potential upward move may commence if the pair maintains support at the $42,500 level.</li>
 <li>Top cryptocurrencies remain in a tight range, showing uncertainty in the imminent trend.</li>
 <li>BTC retests the Symmetric Triangle Pattern trendline on the 4-hour chart.</li>
 <li>BTC is currently within the confines of an Ascending Triangle pattern.</li>
 <li>Key question: Will <a href="https://www.coingabbar.com/en/price-analysis/bulls-and-bears-fight-tooth-and-nail-for-bitcoin-throne" class="f-link" rel="noopener noreferrer nofollow">BTC</a> consolidate further or experience a breakout by year-end?</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $43,300-$43,700
SUPPORT LEVEL : $42,400-$41,700
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

Crypto Chess: BITCOIN Price Puzzle Leaves Investors on Edge

Tabla de contenidos

Coingabbar

Otros artículos publicados el 26 dic 2023

Short squeeze alert for January 2024: Two cryptocurrencies with potential to skyrocket

Solana price prediction: analyst shares his forecast

The Bitcoin ETF on Hold: SEC Sets December 29th Deadline

Moonriver Price Skyrockets: What’s Behind 400% Gain in a Week?

Ripple XRP Price Prediction: New Year 2024

Polkadot (DOT) Continues to Thrive Amidst Blockchain Developments

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!