Bitcoin (BTC) $79,563.47 -2.05%
Ethereum (ETH) $2,256.01 -2.75%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 90.787094 -5.14%
Cardano (ADA) $0.26 -4.64%
Chainlink (LINK) $10.21 -4.59%
Litecoin (LTC) $56.94 -3.30%
Dash (DASH) $44.12 -4.46%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.892223 -4.14%
X-Cash (XCASH) 7.0E-6 -2.38%
Dogecoin (DOGE) $0.00 -9.38%

Cryptocurrencies: 28941

Markets: 114086

Market Cap: $2,651,736,594,860

24h Vol: $94,645,895,450

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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