Post
Topic
Board Speculation
Re: Why there is so much resistance at $23k price
by
kotajikikox
on 22/10/2022, 05:58:24 UTC
Bitcoin has been hovering around 20100 to 20500 since the last week which is bow lower than the speculated price mentioned on this thread, bitcoin market dip has continued but will have weak resistance without any significant price break out for that limit bd if this continues we may have to wait longer before the price reaches $23k or even higher.
I'm not sure where did you get that hovering around 20k since last week when the price of Bitcoin for the whole week never stands to 20k?

instead it is 19k is the base price nowadays.

https://coinmarketcap.com/currencies/bitcoin/

But 23k seems to be hard to achieve in this market now,  look how low the capitalization and the trading pairs .