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Bitcoin Price Analysis: BTC Faces Major Resistance Zone After 5% Weekly Surge

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Bitcoin Price Analysis: BTC Faces Major Resistance Zone After 5% Weekly Surge

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » BTC Bitcoin is trading around $76.2k, posting its highest price since the February crash and officially entering the $75k–$80k resistance band that has defined the ceiling of the recent consolidation. The move marks a meaningful escalation in the recovery, with BTC now breaking above the descending channel and the 100-day MA simultaneously, which could be a very optimistic sign if sustained in the coming weeks. BTC has broken decisively above both the descending channel’s upper boundary and the 100-day moving average (~$75k) on the daily chart. The RSI is now above 60, showing its highest reading since January when BTC wa

Source: https://cryptopotato.com/bitcoin-price-analysis-btc-faces-major-resistance-zone-after-5-weekly-surge/

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