May 28 2021

Bitcoin Rejected Sharply From $40K: Is $30K Retest Incoming? (BTC Price Analysis)

in blog CryptoPotato
original entryBitcoin Rejected Sharply From $40K: Is $30K Retest Incoming? (BTC Price Analysis)

Bitcoin is down by a sharp 3.5% today after another failed attempt to breach resistance at $40,000 yesterday. A quick recap of the volatile week BTC had: following a second dip into the $30-31k area, the cryptocurrency found solid support at $34,700 (downside 1.414 Fib Extension) on Sunday and started to recover throughout the week. […]

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