Bitcoin markets entered a particularly bullish overturn through the last trading session and in spite of growing resistance that is emerging, the rally doesn’t seem to be ending. So far, the resistance level that’s gaining the most strength below $1900 levels looms around $1890 but bitcoin markets have already showcased enough momentum to break through resistance levels amid the recent rally.
Major Signals
The bullish overturn received a surprisingly positive reception but that wasn’t the case before resistance levels were broken.
Traders are now hoping into a continuation of the rally from what it seems as selling pressure has yet to break out.
Resistance below $1900 levels is now the only level that traders would need to surpass for the rally to continue but it’s quite strong.