CRYPTO NEWS - Crypto Market is Frozen and Slow - Bitcoin News - Bitcoin at $29000
CRYPTO NEWS - Crypto Market is Frozen and Slow - Bitcoin News - Bitcoin at $29000
00:01 Intro
01:12 Crypto News Today
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
10:42 Outro
There was strong support and rejection at $29,000 in today’s Bitcoin price analysis.
Bitcoin is up 2.01% in the last 24 hours.
In the last couple of days, the price of bitcoin continued to fall below the support level of $29,500. However, there was some activity by bulls at the $28,500 support level. A new base was established at $28,600, and the price began a new upward movement. The $29,200 and $29,500 resistance levels had been broken. When the price moved down from $30,630 to $28,635, it broke the 50% Fibonacci retracement level.