Bitcoin (BTC) $85,954.78 1.43%
Ethereum (ETH) $2,740.96 0.71%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 117.338356 0.59%
Chainlink (LINK) $12.95 -0.78%
Cardano (ADA) $0.25 1.84%
Litecoin (LTC) $60.39 0.13%
Dash (DASH) $59.51 0.11%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.478756 -1.54%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 6.63%

Cryptocurrencies: 30084

Markets: 114789

Market Cap: $2,916,590,929,464

24h Vol: $130,469,247,062

Coin-turk.com

2023-10-18 20:33:25

Bitcoin Price Analysis: Strong Breakout Above Resistance Trend Line Indicates Potential Recovery

Bitcoin Price Analysis: Strong Breakout Above Resistance Trend Line Indicates Potential Recovery

Bitcoin price made a decisive breakout above the descending resistance trend line on October 16th, fueled by strong buying pressure. This trend line had been guiding the largest cryptocurrency’s three-month-long decline, and its breakage signals a potential new phase of recovery.The post Bitcoin Price Analysis: Strong Breakout Above Resistance Trend Line Indicates Potential Recovery appeared first on COINTURK NEWS.

esptco-banner img

Latest News

Binance faces new DOJ probe over alleged US sanctions violat...

2026-09-22 03:36:26
Uniswap breaks multi-year trendline, eyes $12 and $19 target...

2026-09-22 03:24:26
Fairshake to spend $30 million against Sherrod Brown after S...

2026-09-22 02:31:24
Solana hits $117 technical target, traders eye $141 and $176...

2026-09-22 02:19:24
Bitcoin 2030 price scenarios range from $80,000 to $1 millio...

2026-09-22 01:20:28
Cardano gains 7.5%, audit reveals DeFi weaknesses as ADA nea...

2026-09-21 23:24:52

Videos

What are NFTs? How will it change the way we use things? Simply Explained!
DCA: Dollar Cost Averaging in Crypto
What is a Shiba Inu Coin & How Does it Work? Simply Explained!
Ethereum Classic (ETC): What is Ethereum Classic (ETC)? EXPLAINED!

Our Partners

Hashing Ad Space

Inbound Junction

Asimi

Crypto Marketing Agency, FINPR

Chainwire