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btc resistance
In the context of Bitcoin (BTC) and trading, **"BTC resistance"** refers to a price level or zone at which the upward movement of Bitcoin’s price tends to slow down or reverse due to increased selling pressure. Traders often identify resistance levels using historical price data, trend lines, or technical indicators. When the price approaches this level, sellers become more active, making it difficult for the price to rise above that point unless there is strong buying momentum that breaks through the resistance.
Bitcoin at a Critical Turning Point: Rekt Capital Outlines Two Possible Scenarios
Bitcoin has once again been rejected from a major long-term resistance level, falling 29 percent after failing to break above it for the third consecutive time. According to market analyst Rekt Capital, this...
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