Bears Flip $17,000 As Resistance, Bitcoin Struggles To Hold Support

Bitcoin price is now trading at nearly $3,000 less than the high set earlier in the week, just shy of setting a new all-time record for the cryptocurrency. After a few strong attempts by bulls to get back above $17,000, bears might have flipped the zone into strong resistance, and are now making a stand […]

Bears Flip $17,000 As Resistance, Bitcoin Struggles To Hold Support

Bitcoin cost is presently exchanging at almost $3,000 not exactly the high set before in the week, barely short of setting another unsurpassed record for the digital currency. After a couple of solid endeavors by bulls to get back above $17,000, bears may have flipped the zone into solid obstruction, and are currently persevering to break what's left of help. Bitcoin Bulls And Bull Go To War At $17,000 Bitcoin cost is reeling after a dismissal at the retest of its record-breaking high. At two or three hundred dollars underneath the past pinnacle – if that, contingent upon the trade – the main cryptographic money by market cap endured a huge, 15% remedy. A $3,000 tumble to help has hitherto held, yet bears may have effectively flipped $17,000 into obstruction on lower time periods. The four-hour graph shows a basic retest of $17,000, which bulls neglected to recover