Bitcoin (BTC) $58,875.62 -0.69%
Ethereum (ETH) $1,579.34 -0.24%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 75.318096 2.22%
Cardano (ADA) $0.15 3.85%
Chainlink (LINK) $7.25 -0.34%
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X-Cash (XCASH) 1.0E-6 0.48%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 29295

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Market Cap: $2,046,077,795,721

24h Vol: $79,885,785,705

Crypto Potato

2022-12-25 16:40:21

Following Long Consolidation, BTC Now Facing Huge Resistance: Bitcoin Price Analysis

Following Long Consolidation, BTC Now Facing Huge Resistance: Bitcoin Price Analysis

Bitcoin continues to print minor daily fluctuations as the price consolidates inside a tight range with low volatility. Currently, the price is testing a significant resistance area, and in case a rejection takes place – BTC is likely to retest lower-price areas. On the other hand, a breakout could lead to a mini-rally. Technical Analysis

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