Bitcoin is trying to break this 11 year resistance, unfortunately we've got rejected again during the Evergrande news last night. This is the level to watch for the upcoming weeks. If we break this resistance blue skies ahead and retail investors will fomo in pumping Bitcoin to 217K by December.
We already broke resistance on the monthly time frame check this chart below!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.