Taking into account the recent downward trend in the cost of Bitcoin in recent days, today the price of the coin is rising at a slight pace. This may be an indication of a recent upward trend, but of course, this is not certain.
Bitcoin price may have found a good level of support, after several days ago, the price of Bitcoin had reached nearly $ 10,000. The graph is a 1-minute chart and the main scope is green. As the chart shows, the support level is about $ 11,311 in the downward trend and the resistance level for the upline is about $ 11,434. The next high level of resistance is about $ 11,800.
If Bitcoin price could break the level of resistance, there's a huge chance Bitcoin price can recover part of its old price.
image source - Instagram
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