AlanSantana

Bitcoin Immediate Resistance + New High $22,222

Panjang
BITSTAMP:BTCUSD   Bitcoin
Bitcoin (BTCUSD) has been struggling to move above $22,000.
It has been facing resistance.

The price range between $21,300 and $21,800 is the level to conquere for Bitcoin to continue up.

We see rejection after rejection at this level...
So, what is it going to be?

Will Bitcoin drop or continue to grow?

Each time a resistance level is challenged, the weaker it becomes.

Bitcoin has been hitting this price range since 21-June.
We see over 12 attempts to break above it while short-term we see higher lows.

We are looking at an ascending triangle;
This is a bullish pattern.

Patience is key.
Bitcoin will grow.

Namaste.

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