Bitcoin news in brief

Words
111
Reading
1 min
Listen
Play
5y


Source

Last week we got very close to the historical maximum, but we did not surpass it and therefore we returned to the previous support (58 thousand), we bounced there and today we are again trying to surpass 64K.

As long as we do not exceed 64K or 58K with sufficient trading volume, we will be bouncing in that range.

If we break above 64K, there is uncharted territory ahead, but it could be 86K, as it is the 1.6% fibonacci level from the all time high of 64K. BUT, if on the other hand the support at 58K is broken, the next support is at about 52.3k, good luck.

Bitcoin news in brief | Ecency