Here’s why Bitcoin price could tap $21K before Friday’s $510M BTC options expiry By Cointelegraph
[ad_1]
Here’s why Bitcoin price could tap $21K before Friday’s $510M BTC options expiry(BTC) has been trying to break above the $20,500 resistance for the past 35 days, with the latest failed attempt on Oct. 6. Meanwhile, bears have displayed strength on four different occasions after BTC tested levels below $18,500 during that period.
Investors are still unsure whether $18,200 was really the bottom because the support level weakens each time it is tested. That is why it’s important for bulls to keep the momentum during this week’s $510 million options expiry.
Continue Reading on Coin Telegraph
[ad_2]
Source link
Here’s why Bitcoin price could tap $21K before Friday’s $510M BTC options expiry(BTC) has been trying to break above the $20,500 resistance for the past 35 days, with the latest failed attempt on Oct. 6. Meanwhile, bears have displayed strength on four different occasions after BTC tested levels below $18,500 during that period.
Investors are still unsure whether $18,200 was really the bottom because the support level weakens each time it is tested. That is why it’s important for bulls to keep the momentum during this week’s $510 million options expiry.
Continue Reading on Coin Telegraph
About The Author
