Skip to main content

Bitcoin takes out potential resistance at 45k

Since an earlier update here noted the next potential resistance level on Bitcoin, it has now lifted above that price point, at 45,005. The high seen so far has just been set at 45,164. It could extend further and one thing seems clear today and that is BTC is ignoring the gains in the dollar and the US yields. That is not always the case by any means, but for the time being it has done so today. The next level of any note now is in place at 46,540 and that is obviously still some way off. So, can it get there? well, given this latest move, there is not much to note from a technical perspective to prevent it from doing so. BTC is just now trading at 45,160

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!