$6,000 Resistence

in bitcoin •  last month

Bitcoin getting ready to test the key $6,000 resistence level again this year. Today the Mayer Multiple is 0.81 and we’ve been below the 200-day MA for weeks. Let’s hope $6,000 holds or we could be in for a lot more pain ahead. The market overall can use some positive news and momentum but where will that come from?

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