Bitcoin (BTC) $64,496.87 1.57%
Ethereum (ETH) $1,680.70 0.95%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 68.961864 3.10%
Cardano (ADA) $0.17 1.63%
Chainlink (LINK) $7.96 0.91%
Litecoin (LTC) $44.45 2.51%
Dash (DASH) $36.34 5.16%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.302797 0.93%
X-Cash (XCASH) 2.0E-6 -0.16%
Dogecoin (DOGE) $0.00 -0.48%

Cryptocurrencies: 29103

Markets: 113120

Market Cap: $2,201,539,520,910

24h Vol: $48,006,593,985

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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