continues to trade above $1,200.was trading marginally in the green on Saturday, as prices of the token rose above $22,000 earlier in today’s session./USD rose to an intraday peak of $22,010.64 to start the weekend.
The move saw bitcoin again attempt to break out of its resistance level at $22,070, however like in yesterday’s session, bears have thus far resisted the break.This continues to be the case as a result of the 14-day RSI trading below a ceiling of its own at the 48.80 level. However, once we see a surge past this point, it is likely that an influx of bulls will help price strength overcome this obstacle.
In the same regard, bears have a history of recapturing momentum around this zone, so we could see uncertainty lead prices to consolidation.started the weekend in consolidation, as prices of the token continued to hover around the $1,200 region on Saturday. The world’s second-largest cryptocurrency fell to a floor of $1,200.63 earlier today, after starting the day trading at a peak of $1,248.01.
its gonna be sideways in the next few weeks
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