Back to the list

Bitcoin Price Forecast: BTC Stuck Between a rock and a hard place as consolidation above $34,000 continues

source-logo  coingape.com 29 June 2021 07:16, UTC
  • Bitcoin price remains pivotal between $34,000 support and the 100 SMA.
  • Buyers seem to have the upper hand, according to the MACD.

Bitcoin has lagged the upswing from the dip under $30,000, mainly due to the immense resistance of around $35,500. The last few days have seen bulls and bears go head-to-head, but the robust support at $34.000 and resistance at 35,500 remained unshaken.