Bitcoin / TetherUSتم تحديثه The BTC is fighting for its reputation
Right now the BTC is in an important battle for future price developments.
From March 12 until yesterday the BTC moved around $ 5,000 and tested important boundaries (trendline).
The most important trendline, passed the double test, still confirmed the strength of the BTC.
Yesterday managed to surpass $ 5800 and BTC is trying to get through horizontal resistance. It will not be easy, because in this area a lot of traders are concentrating and searching for SHORT orders.
However, Bitcoin has a good chance of progressing if manage to exceed $ 7,000 (the whole horizontal resistance zone), it will be a significant step and assurance for all investors.
From March 12 until yesterday the BTC moved around $ 5,000 and tested important boundaries (trendline).
The most important trendline, passed the double test, still confirmed the strength of the BTC.
Yesterday managed to surpass $ 5800 and BTC is trying to get through horizontal resistance. It will not be easy, because in this area a lot of traders are concentrating and searching for SHORT orders.
However, Bitcoin has a good chance of progressing if manage to exceed $ 7,000 (the whole horizontal resistance zone), it will be a significant step and assurance for all investors.
ملاحظة
here you can see how the bears sent us back and the functionality of the horizontal resistance
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