No joy for anyone hoping that Bitcoin might beat out resistance after the Christmas break — BTC price preserves the range.
Bitcoin (BTC) staged a fresh day of losses on Dec. 28 as bulls faced an increasingly stubborn range.
Data from Cointelegraph Markets Pro and TradingView tracked a $1,500 BTC price comedown versus the daily open.
In a firm reminder of the power of overhead resistance, Bitcoin stayed firmly rooted in a corridor now in place for over a week.
Read more
Source: https://cointelegraph.com/news/btc-price-dives-1-5-k-bitcoin-analysts-watch-support