Two Key Price Resistance Levels Bitcoin Must Break To Start A Relief Rally
In this line, crypto trading expert, Michaël van de Poppe has termed Bitcoin’s current price movement ‘boring,’ noting that the asset has a chance of embarking on a relief rally if it breaks specific resistance levels, he said in a YouTube video posted on December 27. According to Poppe, Bitcoin’s surge to the upside can accelerate faster if the asset clears the $17,400 and $17,700 levels. At the same time, the analyst warned that if Bitcoin’s price plunges below $16,600, the scenario could generally break the market....