On the hourly chart, the price of Bitcoin has broken the resistance at $16,576 against the increased volume, which means that bulls are back in the game.If the rate can hold above that mark until the end of the day, traders might expect to see the test of the $16,700 zone tomorrow.
Despite the forming bullish candle on the daily time frame, buyers have not accumulated enough power for continued growth yet. Currently, one should pay attention to the area of $16,800. If the price gets to it and fixes above, the rate of Bitcoin might come back to $17,000. A similar picture can be seen on the weekly chart as the price is far away from the key levels. Sellers are supposed to be more powerful than bulls to a certain extent, as the rate is located close to the $16,400 zone. If the breakout of it happens, there is a high possibility of seeing the test of the $16,000 mark soon.
NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser 2024 is worst I mant to see 2023 Massive bullrun 2024Election halving 2023 needs to be good Or wait 4 2024
NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser
NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser Yes
NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser Where was the link to that defi free money -trick people are using?
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