Bitcoin (BTC) $77,394.99 -0.33%
Ethereum (ETH) $2,533.72 -1.11%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 102.077166 0.38%
Chainlink (LINK) $11.59 -1.04%
Cardano (ADA) $0.21 0.02%
Litecoin (LTC) $54.09 1.36%
Dash (DASH) $56.34 -0.06%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.492623 -3.46%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 -0.05%

Cryptocurrencies: 30017

Markets: 116589

Market Cap: $2,649,052,993,271

24h Vol: $57,858,005,838

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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