Cryptocurrencies: 30359
Markets: 109462
Market Cap: $2,684,739,922,049     
24h Vol: $86,906,388,276
Cryptela — Cryptocurrency News and Market Intelligence
Coin-turk.com 2023-10-18 20:33:25

Bitcoin Price Analysis: Strong Breakout Above Resistance Trend Line Indicates Potential Recovery

Bitcoin price made a decisive breakout above the descending resistance trend line on October 16th, fueled by strong buying pressure. This trend line had been guiding the largest cryptocurrency’s three-month-long decline, and its breakage signals a potential new phase of recovery.The post Bitcoin Price Analysis: Strong Breakout Above Resistance Trend Line Indicates Potential Recovery appeared first on COINTURK NEWS.
Advertise on Cryptela

Videos
  • Bitcoin OR Altcoins: Which Is Best? Easy Explanation!

  • What is Zcash (ZEC)? Zcash Explained!

  • How to Buy BTC with Binance Mobile!

  • 10 Ways to Make Money Via Crypto | Step by Step Guide to Make Money Online!