Bitcoin faces tough daily resistance as BTC price matches UK pound volatility

Bitcoin faces tough daily resistance as BTC price matches UK pound volatility

Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on.

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

Analyst: Bitcoin range “congested and critical”

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD firmly rangebound at around $19,000 overnight, moving only around $400 up or down.

United States equities opened with no significant volatility, this focused more on the United Kingdom, where the pound reacted to news that Liz…


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