Bitcoin faces a significant amount of long term resistance.
Bitcoin is facing a significant amount of long term resistance. We have the 14K resistance which Bitcoin has never had a monthly close above and we also have resistance coming from what was long term support previous to the covid-19 crash. If Bitcoin closes its monthly candle on saturday October 31st above 14k we will have broken through and also likely regain its long time support. Alls I can say is I am hopeful this will happen, but if not we will likely have some short to mid term consolidation.
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