Bitcoin Price: Key Technical Indicator Shows BTC Surging to $5,500

2019-3-24 21:30

Throughout the past three months, the bitcoin price has flirted with the $4,200 resistance level, often struggling to maintain momentum above the key $4,000 mark. Several traders have demonstrated concerns over the extended period of stability demonstrated by bitcoin because, in late 2018, the cryptocurrency recorded a drop of around 50 percent following three months of stagnation in the $6,300 to $6,500 range.

However, a cryptocurrency technical analyst known to the community as “Galaxy” has said that once bitcoin breaks out of a key resistance level above $4,000, it could potentially recover to $5,500. The analyst explained: “According to Bulkowski’s

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Bitcoin (BTC) на Currencies.ru

$ 77133.54 (-0.27%)
Объем 24H $35.336b
Изменеия 24h: -2.67 %, 7d: 1.77 %
Cегодня L: $76785.21 - H: $77462.48
Капитализация $1544.345b Rank 1
Цена в час новости $ 4028.01 (1814.93%)

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