Bitcoin price at make-or-break point: $29,000 or $21,000?

  • Bitcoin price shows a lack of directional bias as it approaches the $24,655 resistance level.
  • A lack of buying pressure could send BTC down to the immediate support level at $21,430.
  • A daily candlestick close that flips the $24,655 level into a support floor will invalidate the bearish thesis. 

Bitcoin price has shown a resurgence of bulls that have pushed it higher over the last 48 hours. However, this move could halt and reverse if certain resistance levels are…


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