“Bitcoin bounces around in an ascending channel, hitting its three-week upper resistance of $37.8K on Wednesday evening. An intensifying sell-off thwarts attempts to heat the price, but the pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment,” Alex Kuptsikevich, a senior market analyst at FxPro, said in an email.
Source: https://www.coindesk.com/markets/2023/11/24/bitcoins-3-week-consolidation-under-38k-has-bullish-undertone/?utm_medium=referral&utm_source=rss&utm_campaign=headlines