Bitcoin to $58K next? A 2019-like 'reversal ascending triangle' hints at more upside for BTC - Cointelegraph


3/28/2022 12:00:00 AM3 years 1 month ago
by Yashu Gola

Strong headwinds for Bitcoin appear from another 2019 fractal that poses $52,500 as a very challenging resistance level to flip.

A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2. Bitcoin price bottoming out? On the daily timeframe, Bit… [+3762 chars]

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