RE: Bitcoin is out of descending channel but it still need to clear $8346 level which is acting as resistance in order to come out of bear grip. Currently, Bitcoin is trading at $8287 after attempting to clear mentioned resistance but failed to sustain.

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Bitcoin is out of descending channel but it still need to clear $8346 level which is acting as resistance in order to come out of bear grip. Currently, Bitcoin is trading at $8287 after attempting to clear mentioned resistance but failed to sustain.

in busy •  7 years ago 

So if it does get beyond that, then what?
I am new to this. I see charts like this all the time but it seems to unpredictable to know where it will be from one day to the next.

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