The post Bitcoin Tests Resistance At $65,500 appeared first on Coinpedia Fintech News
After the Bitcoin news of blockchain surpassing 1 billion transactions, the BTC tried placing itself above the resistance level of $65500 but could not hold for long. This attempt by the bulls developed a solid upside momentum in this pivotal moment.
Other altcoins like Ethereum retested the $3168 and did not settle above $3200. Solana(SOL) breaks a sideways pattern to surge above the resistance level of $149.01 forming a bullish momentum.
The crypto market looks like standing at the foothill for Bitcoin to break the $66000 zone and seed a strong upside moment. The RSI remains moderate with enough room for any additional upward trend if any boost occurs.
Interestingly Bitcoin(BTC) finds new strong support at $64000, there is one more right behind it at $63,730. In case if Bitcoin slides this support too, it will itself in the next support near SMA20 of $63,366. Any slip below this wi
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