Bitcoin holds $46K support after failed breakout, Cardano price passes $2.20

Bitcoin (BTC) bounced at $46,000 support on Aug. 14 after an attempt to crack major resistance ended in rejection.

BTC/USD 1-hour price chart (Bitstamp). Source: TradingView

Bitcoin rejects at $48,000

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising to tackle a giant sell wall during Saturday, only to reverse downwards to Friday’s levels.

As Cointelegraph reported, the area of seller pressure from $47,000 and upwards had been a formidable feature on the daily chart…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *