Bitcoin is pushing toward $82,000 as the market tests a resistance level that has capped every recent attempt at higher prices. The recovery from the March lows has been constructive, but the next meaningful move requires breaking through overhead that has so far absorbed every bullish effort. An XWIN Research Japan analysis has identified a structural target above the current price that gives the current test a specific forward context. Related Reading: XRP Liquidity Just Hit A Five-Year Low: D
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Bitcoin is pushing toward $82,000 as the market tests a resistance level that has capped every recent attempt at higher prices. The recovery from the March lows has been constructive, but the next meaningful move requires breaking through overhead that has so far absorbed every bullish effort. An XWIN Research Japan analysis has identified a structural target above the current price that gives the current test a specific forward context. Related Reading: XRP Liquidity Just Hit A Five-Year Low: D
Category: bitcoin
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