Bitcoin (BTC) $71,616.71 -3.91%
Ethereum (ETH) $2,203.15 -5.87%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 89.96933 -4.85%
Cardano (ADA) $0.27 -5.87%
Chainlink (LINK) $9.23 -6.57%
Litecoin (LTC) $55.88 -4.51%
Dash (DASH) $32.58 -7.10%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.253047 -1.57%
X-Cash (XCASH) 1.0E-5 -3.85%
Dogecoin (DOGE) $0.00 -12.38%

Cryptocurrencies: 28621

Markets: 116315

Market Cap: $2,452,030,977,787

24h Vol: $104,740,047,483

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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