Post
Topic
Board Speculation
Re: Why there is so much resistance at $23k price
by
eaLiTy
on 21/08/2022, 16:26:48 UTC
Bitcoin market prices have witnessed a lot of resistance and several attempts to make a head up the price of $25k after several weeks of a downtrend, there have been a lot of speculations surrounding the present market situation. But with the right thought and analysis, I am sure if Bitcoin could break the present resistance price moving upward would be that hard anymore.
I am yet to understand, what is the right thought and analysis, with inflation at an all time high in almost all of the countries and economy is struggling and on top of that some of the cryptocurrency based institutions have filed for bankruptcy, from where do you think that the big amount will be pumped in the market to break the resistance Wink.