Bitcoin: Upcoming Zones of Resistance

Bitcoin is again moving higher. Two zones of resistance from January are in the way of its rise, and both levels of resistance capped bounces Bitcoin made in January before turning lower.

On January 20th, BTCUSD topped out at $13,098.12.

And on January 28th, BTCUSD hit a high of $11,989.15.

Both levels will need to be surmounted as Bitcoin moves into higher territory.

DISCLAIMER

This post is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action.

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Bitcoin: 19498NLGwLbzN7yKrNbYqc4wuwZPkTGMVD
Ethereum: 0x76F2D78c81C6C97473DaF2aa3219F78Ce8C5A92f
Litecoin: LNhKXYTC5t2ZxcKYfo3pMzk8QsjZXsEbgT

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