Bitcoin Struggles over $31,000 Support as Sellers Threaten to Short

[Rockalo]

Bitcoin's (BTC) upside is encountering resistance at the $34,300 resistance zone. Over the past two days, the cryptocurrency has been consolidating below the resistance zone due to a potential breakout.

However, Bitcoin was met with resistance as it fell to a low of $32,600. Nonetheless, Bitcoin is set to fall on rejection at the high of $33,900 and revisit support at $31,000. In the previous price action, the price of BTC fell to a low of $29,247 as bulls bought the dips. More information: please click here