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BTC in a Crucial Resistance Zone; How to Enter a Long Trade.
BTC’s price is in a crucial resistance zone between $19,600-$19,750.
A break above this level will see it reclaim its 200-week MA market cap.
The last 24 hours have seen BTC’s price increase 2.28%.
The crypto market leader, Bitcoin (BTC), currently has a crucial resistance between $19,600-$19,750. Should the crypto market leader be successful in breaking above this resistance then the next resistance level will be at $20,100. Following this level, $20,700 is next.
Furthermore, a break above the current resistance level between $19,600-$19,750 will see BTC reclaiming the 200-week moving average (MA) market cap.
