Post
Topic
Board Press
Topic OP
[2018-03-05] Make-or-Break Level? Bitcoin Pauses at Key Resistance
by
QuitDough
on 05/03/2018, 12:57:56 UTC
Bitcoin price is flirting with key resistance on the technical charts and could either break higher towards $17,000 or dip once more below the $10,000 mark.

Having clocked a high of $11,599 earlier today, bitcoin is now trading at $11,473, according to CoinDesk's Bitcoin Price Index (BPI). While the cryptocurrency has spent the better part of the last 42 hours above $11,000, a convincing break above the key resistance level of $11,600 (inverse head-and-shoulders neckline) has remained elusive amid lighter trading volumes.

https://www.coindesk.com/make-or-break-level-bitcoin-pauses-at-key-resistance/