Bitcoin Price: First 4-Day Win Streak Since July Flips Charts Bullish
Cointelegraph By filbfilb's original article for cointelegraph.com reduced by 70%
BTC price: 1-week chartThe one week chart shows that the price of Bitcoin continues to press hard against the resistance of $7,555, which has failed to be broken on a weekly basis since it was lost mid-November. 1-day chartThe daily chart for Bitcoin clearly demonstrates the bullish picture on Monday morning with a large green candle pushing hard up against resistance that has emerged following a failure to break $7,555 previously, which resulted in a selloff that we discussed as a likely outcome last week. Should Bitcoin breakdown, the most likely port of call will be $7,000-7200 where the point of control lies since it has been acting as resistance and support for weeks.
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CN [too long; didn’t read]
Summarised crypto news.