Bitcoin faces many levels of resistance higher than the current price near $10,400.
There are at least three distinct resistance zones between $12,000 and $13,500. Plus, the 89 SMA is currently valued at $12,405.
While the current price action is bullish, strong headwinds exist as BTCUSD tries to break to all time highs.
DISCLAIMER
This post is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action.
DONATE
Bitcoin: 19498NLGwLbzN7yKrNbYqc4wuwZPkTGMVD
Ethereum: 0x76F2D78c81C6C97473DaF2aa3219F78Ce8C5A92f
Litecoin: LNhKXYTC5t2ZxcKYfo3pMzk8QsjZXsEbgT
CONTACT
twitter: sjanderson144
instagram: sjanderson144