Bitcoin Faces Resistance At $65K Amid Surge To $63K

Bitcoin Faces Resistance At $65K Amid Surge To $63K

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Source: TheMerkle.com

Bitcoin has surged back to the $63,000 mark today, yet the largest cryptocurrency continues to face resistance as it attempts to climb higher.

A key factor contributing to this struggle is the significant number of Bitcoin holders who purchased their assets between the current price and approximately $65,000. 

You may have noticed Bitcoin facing repeated rejections as it attempts to move higher.

Here's why: 3.5 million addresses acquired Bitcoin between

Read More https://themerkle.com/bitcoin-faces-resistance-at-65k-amid-surge-to-63k/

The post "Bitcoin Faces Resistance At $65K Amid Surge To $63K" appeared first here TheMerkle.com.

Source: TheMerkle.com

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