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Bitcoin Price Backs Off Resistance — Breakdown Or Brief Pause?
['Aayush Jindal', 'Christian Encila', 'Scott Matherson', 'Sandra White', 'Keshav Verma']
NewsBTC
Bitcoin price started a recovery wave above $89,500 but failed above $90,000.
Bitcoin Price Faces RejectionBitcoin price remained stable above the $88,000 support.
The bulls even pushed the price above $90,000 but they failed to keep the price in a positive zone.
A close above the $89,800 resistance might send the price further higher.
Immediate support is near the $88,200 level.