binance-banner.jpg

Bitcoin [BTC] Bulls on their Marks above $8500, Analysts Point to the Last Stand for Bears

Bitcoin [BTC] bounces back above $8200 breaking the parallel channel resistance around $8450.


The upside is now showing potential of the beginning of a macro bull run. Nevertheless, there are still resistances to over-come before confirmation on technical charts.


The daily high logged on spot exchanges is $8677. The price of Bitcoin [BTC] at 3: 15 hours UTC on 27th January is $8619.


Critical Resistances


According to leading analysts, $8650 marks an important area for bullish continuation. Derivatives and crypto trader, TraderXO, tweeted, Read More...

Analysts Point to the Last Stand for Bears
Bitcoin Bulls

#BTC