Bulls no: what prevents Bitcoin to finally gain a foothold above the $ 4,000?

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2019-03-21 18:45:06

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Bulls no: what prevents Bitcoin to finally gain a foothold above the $ 4,000?

tightly entrenched in the area of $ 4,000, which had previously served as strong resistance for the cryptocurrency. And while stability may be a positive factor for investors, many fear a repetition of the November scenario. We will remind, then Bitcoin has fallen almost to $ 3,000 after quite a long flat.

the

What next?

At the moment, Bitcoin is trading at 4090$, in the last day, the cryptocurrency rose by 1.15 percent. Technically, the asset has reached the resistance, but the activity of buyers has virtually not increased. In late February, the bulls attempted to hold above 4200 dollars. It is, unfortunately, not resulted in success.

Popular capturador Josh thinks of reyger line 4200 dollars a very strong resistance. In his opinion, BTC will not be able to punch it in near time.

Gandalf keeps Bitcoin below the level of 4200 dollars. The cryptocurrency will not go through near term resistance, so I'm counting on another drain to the previous support around $ 3,500.

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