Crypto

12.26.21 Video Analysis: Bitcoin (BTC) and Altcoin Index: Will Bitcoin Surpass Observed Resistance?

Bitcoin (BTC) managed to test the resistance followed, which hovers around $ 52,500. However, unsurprisingly, the initial reaction to touch was negative. At first, the price only consolidated below resistance, but there was a slight drop overnight. This has pushed the price away from resistance, but it is not that far off yet. So there is still a good chance that we will see a second attempt to overcome this hurdle in the near future.

DISCLAIMER: Nothing in this video constitutes investment advice. The analysis does not attempt to predict future price trends. It serves only as educational content on how to approach the market in a thoughtful way. Do your own research and analysis before making an investment, you always trade at your own risk. The Alchimy.info team highly recommends individual reflection on risk!

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