Bitcoin Price Analysis: Potential Breakout & Resistance Levels
Bitcoin is potentially breaking out toward the upside from a range formed in March 2020. The next major resistance is the previous range above that was formed in early March as shown on the chart.
If this breakout fails, one might look for support levels at the lower bullish order blocks formed by previous price action marked on the chart as S1 and S2.
For the full story, check out “Bitcoin Potential Breakout; Looking For Resistance” on TradingView.
-
Understanding Bitcoin Security: Risks & Practical Protections
Bitcoin is secure, but not perfectly secure. The bitcoin protocol was designed to be difficult to cheat, but there are theoretical security threats. Bitcoin was built with encryption in mind and
-
Bitcoin Mining Explained: How It Works & Its Importance
What Is Bitcoin Mining? Chances are you hear the phrase “bitcoin mining” and your mind begins to wander to the Western fantasy of pickaxes, dirt, and striking it rich. As it turns out, that ana
Bitcoin
- Bitcoin Dominance Explained: Understanding BTC Market Share & Trends
- Bitcoin's Viability: Analyzing Network Activity & Future Prospects
- Bitcoin Halving: Understanding the Mechanics & Impact
- Bitcoin Diamond (BTM) Explained: Fork, Risks & What You Need to Know
- Bitcoin Price History & Value: A Comprehensive Overview
- Bitcoin Unlimited: Understanding the Proposed Block Size Upgrade
- Bitcoin Gold: Understanding the 2017 Hard Fork & Decentralization Goals
- Bitcoin Cash (BCH): A Comprehensive Overview - History, Features & Scalability
- Bitcoin ATMs: How They Work & Buy/Sell Cryptocurrency
-
Bitcoin Uses: Exploring the Applications of Cryptocurrency
You may know what bitcoin is and how to get it, but still be left wondering why you should care. There are quite a few unique properties of the bitcoin protocol which act as appealing reasons to ...
-
Bitcoin Legality in the US: What You Need to Know
The legality and potential government regulation of bitcoin is a hotly contested matter. Here we’ll look at the different legal factors that come into play with regards to bitcoin’s e...