Here are Bitcoin’s new levels to watch as bulls prepare to break resistance
Bitcoin (BTC) is currently trading with a bullish bias, with the cryptocurrency climbing to its highest point in over a month. As the asset shows strength, the market remains on edge regarding the next move, especially if Bitcoin is primed to reclaim another record high. In looking at the next Bitcoin price trajectory, crypto analyst RLinda pointed out in a TradingView post on May 18 that bulls are now ready to challenge Bitcoin resistance. According to the analyst, buyers have pushed Bitcoin’s price upward after successfully defending the $64,500-$65,000 support range, testing the resistance at $67,250. Picks for you Is Silver set to outperform Gold by 2024? 22 mins ago Bitcoin pool mines seven blocks in a row, raises security concerns 50 mins ago U.S. banking giants experiment tokenization with this cryptocurrency 19 hours ago Will the USDC outperform USDT in 2024? 19 hours ago Bitcoin price Analysis chart. Source: TradingView/RLinda ...