BTC Facing Huge Resistance, Rejection Can Result in $18K Retest (Bitcoin Price Analysis)

BTC Facing Huge Resistance, Rejection Can Result in $18K Retest (Bitcoin Price Analysis)


Crypto Potato
2022-07-17 17:08:03

Over the past week, Bitcoin had been fluctuating around the $20k confluence zone showing no real signs of a possible rebound: low volatility, lack of demand, and choppy price action. After retesting the primary demand zone at $18K, the price temporarily rebounded toward the $22K resistance level but quickly got rejected. Technical Analysis Technical Analysis […]