Crypto
Bitcoin Seeks Major Trend Reversal as 42% Rally Approaches Key Resistance
Bitcoin has rallied over 42% from its yearly low, setting its sights on key resistance levels.
The surge carries significant weight, as a sustained break higher would strengthen the case for a larger trend reversal and expose yearly open resistance.
A failure to clear the current barrier, however, could leave Bitcoin vulnerable to a deeper pullback within the broader recovery.
As the weekly close approaches, the next reaction will be critical in determining whether the recovery extends or begins to lose momentum.