Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] faced resistance at the $24.2k mark and the bulls were rebuffed in their attempt to drive prices higher. Heading into the weekend, Bitcoin was struggling to climb back above the $23.6k area. […]
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.faced resistance at the $24.2k mark and the bulls were rebuffed in their attempt to drive prices higher. Heading into the weekend, Bitcoin was struggling to climb back above the $23.6k area. The lower timeframe rejection and move back to $22.5k also affected altcoins over the past couple of days.
However, the price has marginally dipped beneath the lower timeframe higher low of the uptrend at $0.353 to reach $0.352. XRP has also set a lower high over the past few days after the rejection at $0.376.
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