Bitcoin Price Aims Fresh Gains After Consolidation: Can the Rally Resume?
Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,250 resistance zone to gain bullish momentum in the near term.
Gold and silver hit fresh highs on Tuesday while Bitcoin slid back under $89,000, sending a clear message that some investors are favoring metal over riskier bets.
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Bitcoin price is eyeing a fresh increase above the $118,000 resistance. BTC must clear the $120,000 resistance zone to continue higher in the near term.
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Bitcoin price started a fresh increase above the $118,500 zone. BTC traded to a new high above $120,000 and recently started a downside correction.