Bitcoin Showing Little Sign of Significant Resistance Ahead - BitcoinEthereumNews.com
स्रोत: TradingView Transaction history shows that the pioneer cryptocurrency was able to claim a critical support level after the recent upswing. IntoTheBlocks In/Out of the Money Around Price (IOMAP) model suggests that as long as Bitcoin continues trading above $39,500, it will have a chance to advance towards $46,350. This is the most significant resistance area ahead as more than 865,500 addresses had previously purchased nearly 705,000 BTC around this price level. स्रोत: IntoTheBlock It is worth noting that the TD setup has accurately anticipated market tops and bottoms on Bitcoins bi-weekly chart. It was even able to forecast the November 2021 top, when BTC traded at an all-time high of nearly $69,000, which adds credence to the optimistic outlook. Still, a decisive bi-weekly close below $39,500 could spell trouble for the bellwether cryptocurrency. Breaching such a critical area of support could send Bitcoin to $34,400, and if this level fails to hold, a capitulation event may occur. प्रकटीकरण: लेखन के समय, इस लेख के लेखक के पास बीटीसी और ईटीएच है। इस लेख का हिस्सा इस वेबसाइट के माध्यम से जानकारी प्राप्त या स्वतंत्र स्रोतों से प्राप्त होती है, जिसे हम सटीक और विश्वसनीय मानते हैं, लेकिन Decentral Media, Inc. इस वेबसाइट के माध्यम से किसी भी