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

$ 63924.98 (-0.68%)
Объем 24H $23.803b
Изменеия 24h: -0.41 %, 7d: -0.36 %
Cегодня L: $63493.71 - H: $64234.22
Капитализация $1281.524b Rank 1
Цена в час новости $ 4028.01 (1487.01%)

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