Bitcoin (BTC) $93,767.53 -0.38%
Ethereum (ETH) $1,766.39 -2.21%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 142.391218 -1.31%
Dogecoin (DOGE) $0.16 -3.64%
Cardano (ADA) $0.65 -2.83%
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X-CASH (XCASH) 3.0E-6 25.29%

Cryptocurrencies: 26009

Markets: 101336

Market Cap: $2,905,692,986,217

24h Vol: $64,980,493,784

CoinGape

2023-01-04 17:29:02

This Chart Resistance Breakout Is Crucial To Kickstart Bitcoin Price Recovery

This Chart Resistance Breakout Is Crucial To Kickstart Bitcoin Price Recovery

The Bitcoin price has been trapped between the $16300 and $16920 barrier for the last two weeks, creating a narrow range. This consolidation phase in the crypto market shaped the bitcoin price into a double-bottom pattern. This pattern displays itself as the letter W and is one of the most common technical chart patterns observed The post This Chart Resistance Breakout Is Crucial To Kickstart Bitcoin Price Recovery appeared first on CoinGape .

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