Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close

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In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300.  At the same time, its trade volume has been dropping together with its dominance in the crypto markets.  In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and tense journey towards $8,000. We also identified a few support zones that include $7,050, $6,900, $6,800 and $6,600. Why $7,050 is the Level to Watch […]
Published at Sun, 19 Apr 2020 14:08:09 +0000 Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close

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