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Home Crypto News

Bitcoin’s 3-Week Consolidation Under $38K Has Bullish Undertone

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November 24, 2023
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Bitcoin’s 3-Week Consolidation Under K Has Bullish Undertone
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“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.

Tags: 38k3WeekBitcoinsbullishConsolidationUndertone
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