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Showing posts with the label resistance

Ethereum To ‘Witness Big Breakout’ In The Next Two Weeks If This Level Holds

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Trading expert warns Bitcoin could still fail to break this resistance

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Bitcoin (BTC) is looking for validation above the $60,000 psychological level, renewing investors’ optimism amid positive CPI data. However, a trading expert warns BTC could still face resistance in the low time frame, potentially causing a short-term reversal. The analyst is CrypNuevo , on X, who has a good reputation with accurate trades and Bitcoin price predictions. According to him, BTC has a key wick in the one-hour time frame, inside of a resistance zone. If the Analysis plays out as expected, the wick could serve as a magnet, attracting liquidity to the upside. In this case, CryptoNuevo expects to see Bitcoin trading at $62,000, creating a bull trap outside of the zone. Picks for you $2.8 trillion Goldman Sachs discloses millions in Bitcoin holdings 41 mins ago ...
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