Bitcoin holds K support after failed breakout, Cardano price passes .20

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…


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