Bitcoin Fails to Surpass Key Resistance, Analysts Claim Bearish Outlook Holds

Analyst Peter Brandt recently indicated that despite a temporary uptick in Bitcoin price, the cryptocurrency has not overcome the crucial resistance levels necessary to shift its longer-term bearish trajectory. Brandt’s analysis suggests that for a bullish reversal to occur, Bitcoin must not only breach the $71,000 mark but also set a new all-time high beyond The post Bitcoin Fails to Surpass Key Resistance, Analysts Claim Bearish Outlook Holds appeared first on CoinGape .

Source: CoinGape