Bitcoin trying to break the $28k resistance...

in bitcoin •  2 years ago 

Bitcoin just broke above the near term resistance levels

It's been almost a month of consolidation for bitcoin after it first got up to $28k.

Now, it appears it is ready to make a move.

We just broke above $29k and are possibly leaving $28k behind.

Check it out:

image.png

(Source: https://twitter.com/MMCrypto/status/1645469459384094720/photo/1)

The question now becomes if this is a real move or just a bull trap before the bigger move down?!

There is a lot of resistance up to about $35k, so if this is a real move, it may be tough to get above those levels, but it could certainly get there.

Here's to hoping!

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