Bitcoin Price Weekly Analysis: BTC Rebound Approaching Crucial Resistance

Bitcoin Price Weekly Analysis: BTC Rebound Approaching Crucial Resistance

  • Bitcoin price formed a support base near $3,370 and recovered higher above $3,450 against the US Dollar.
  • There was a break above a major contracting triangle with resistance at $3,440 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  • The pair seems to be approaching a couple of important resistances near $3,500…
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