All eyes on Bitcoin. Resistance on the way!

Bitcoin Analysis


1/4/20230 min read

Hello guys!

Bitcoin is inside a critical price zone right now.

It has just passed the 16800 resistance level but hasn't been confirmed above it, and it looks like it has stuck.

After the confirmation, the 17000 price range will be our main resistance which is likely to reject the price back down on our support levels.

RSI still hasn't reached the high ranges so it's possible to reach the 17K area anytime soon.

Let me know what you think. I would love to hear your ideas.

Good luck!