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Bitcoin Failed To Breach Through Resistance, Now Facing $7000 At The Last Hours of 2019 (Price …

Bitcoin Failed To Breach Through Resistance, Now Facing $7000 At The Last Hours of 2019 (Price Analysis & Overview)

Just a quick update to yesterday’s extended Bitcoin update: Shortly after reaching the significant resistance of the month-old descending trend-line, as of yesterday, Bitcoin got rejected and rapidly lost momentum. Failing to hold the $7400 and breach the December descending trend-line (marked light green on the following daily chart), had sent Bitcoin below the next support level at $7200.







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