Bitcoin Takes a Tumble

Market Research
Written By Guest User
Since breaking below a line of support, Bitcoin has yet to break above that as an upper line of resistance. And today, Bitcoin took a bit of a tumble. After being rejected at a line of resistance around $52,900, it wouldn’t be long until Bitcoin took a sharp descent to the high $42,000s before recovering to around $47,000 at the time of publication. Let’s see where BTC settles.

Since breaking below a line of support, Bitcoin has yet to break above that as an upper line of resistance. And today, Bitcoin took a bit of a tumble. After being rejected at a line of resistance around $52,900, it wouldn’t be long until Bitcoin took a sharp descent to the high $42,000s before recovering to around $47,000 at the time of publication. Let’s see where BTC settles.

Guest User
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