Bitcoin resilience gives bulls cause for hope as it holds above $23k

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Bitcoin resilience gives bulls cause for hope as it holds above $23k Bitcoin BTC Bitcoinprice

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Data provided by TradingView shows that Bitcoin traded within a narrow range between $22,870 and $23,270, with neither the bulls nor bears managing to gain the upper hand to control the price action.Insight into which levels to keep an eye on moving forward was provided in the most recent newsletter from analysts at TechnicalRoundup, who highlighted three price zones to watch.

The final level to monitor is the 2021 range low of $35,000-$37,000. “This is a logical target for a sustained range breakout and massive countertrend move,” TechnicalRoundup wrote.

 

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