Bitcoin

<ul><li>Two resistance levels in Bitcoin could cause a price pullback.</li><li>Daily technical indicators contain positive signs.</li></ul>What are the 2 levels to watch in Bitcoin that could hinder its rise? What do technical indicators say?Bitcoin (BTC) continues its impressive performance. After breaking the $30,000 main resistance level for the first time since June 2022, the cryptocurrency continued to climb and surprisingly recorded an 80% gain by the beginning of the year, briefly surpassing $31,000.This happened despite significant uncertainties in the banking industry and general financial markets. Bitcoin’s ability to maintain upward momentum in such challenging conditions has proven that digital currency is a valid investment option for many people, and the market has responded accordingly.<h2 id="header-0">Bitcoin Comment from Expert Analyst</h2>Famous crypto analyst Michael van de Poppe stated in a tweet on April 14 that investors should be prepared for shallow corrections along the way. Although Bitcoin is showing great strength, there is always the possibility of pullbacks, and it is important to be prepared for them.According to van de Poppe, one of the main resistance levels to watch is the range of $31,700 – $32,000. This level has been a tough resistance point for Bitcoin in the past and could be a serious obstacle to Bitcoin’s upward momentum. As investors closely monitor the market, we may encounter downward pressure at this level.Continue Reading: <a href="https://en.coinotag.com/bitcoin-investors-beware-expert-analyst-issues-warning/" rel="noopener noreferrer nofollow">https://en.coinotag.com/bitcoin-investors-beware-expert-analyst-issues-warning/</a>

Bitcoin Investors Beware: Expert Analyst Issues Warning!

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