Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Rakin343 on February 02, 2021, 01:18:53 PM
-
The Bitcoin (BTC) price initiated a breakout attempt on Jan. 29, but was promptly pushed down and is now trading well below resistance.
Bitcoin is likely still correcting and is expected to eventually drop towards $26,000. After two consecutive bearish weekly candlesticks, BTC managed to create a neutral Doji candlestick last week, which also had a slightly bullish close. Nevertheless, it left a long upper wick in its wake — a sign of selling pressure. more info (https://cryptonews.net/460281/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)