Where Do Bitcoin Resistance Come From

Last Updated on February 14, 2023 by Paganoto

Support and resistance in Crypto trading – What it is? | altFINS

Support is a price level, where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of an crypto asset drops, …

Resistance | Binance Academy

Resistance consists of a level in which the price of an asset fails to break through due to strong selling pressure. In some cases, the occurrence of …

BTCUSD – Bitcoin – USD Cryptocurrency Trader's Cheat Sheet

Why Bitcoin Traders Talk About Resistance After a Big Rally

Bitcoin investors are obsessed with price “resistance” and “support,” two terms borrowed from chart-based stock-market investing strategies,

Crypto Trading 101: An Introduction to Support and Resistance

Support and resistance levels help identify areas of supply and demand, and are an important aspect of price charts for traders to understand.

Bitcoin 'Resistance': Why Crypto Traders Are Obsessed With …

According to technical analysis, the more times an investment is knocked back by resistance, the more stiff the resistance becomes. For …

The Bitcoin Resistance Level That Just Won't Budge – NewsBTC

This is due to the fact that as the price grows, the resistance being mounted by bears at various levels becomes increasingly hard to beat.

Bitcoin heads for a resistance retest but here's why a breakout…

The accumulation by the ETF is a healthy sign for Bitcoin. Such a strong accumulation is bound to raise the floor price even higher. It is …

Crypto News: Why Is Bitcoin's Price Rising? – Investopedia

Election uncertainty and comments from central banks have emboldened investors. · Previous Resistance · Inflation and the Rush Toward Safe-Haven Assets · Adoption …

What Is Support and Resistance & How to Crypto Trade With It

Support and resistance are technical indicators that can be applied to any form of trading. Since crypto trading involves all other conventional matrices, …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.