Bitcoin battles $35K as traders agree volatile BTC price move incoming

[Tnoy30]

Bulls may not have long to wait before BTC price action sees its next leg up, traders suggest, with $35,500 in focus for a breakout.
Bitcoin (BTC) took a stab at key resistance around $36,000 on Wednesday as anticipation built around a breakout.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedbly tapping but failing to flip the $35,000 mark on Wednesday.

The largest cryptocurrency rebounded from lower levels overnight, calming those concerned that important $33,000 support would be violated.

With the area around $36,000 providing a significant resistance band, however, low volumes and a general “compression” structure kept bulls firmly in check on the day.
Source: Bitcoin battles $35K as traders agree volatile BTC price move incoming