Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Nostoman on May 28, 2020, 08:16:11 AM

Title: Falling Wedge Breakout Propels Bitcoin Price Above Key Resistance at $9.2K
Post by: Nostoman on May 28, 2020, 08:16:11 AM
Bitcoin price closed the CME gap and made a decisive move above the $9K and $9.2K resistance as traders attempt to carve a new path to $10K.
Within the past few hours Bitcoin (BTC) price managed to press through the $9,200 resistance level to $9,281. While the 2.58% gain may not be much to talk about, the move above the key resistance level is a step forward and the initial move to $9,180 closed the CME gap from last weekend.

Read for more information:  https://cointelegraph.com/news/falling-wedge-breakout-propels-bitcoin-price-above-key-resistance-at-92k