$13,000 Is the “Most Important” Level for Bitcoin on a Macro Scale


Bitcoin has moved decisively higher over recent days. After reaching lows of $10,400 approximately seven days ago, the coin now trades for $11,350. The coin reached local highs of $11,500, around 10% higher than the aforementioned lows. As Bitcoin pushes higher, analysts are looking ahead as to what resistances could stop a further uptrend. One crypto-asset analyst says that $13,000 is the “most important” level for Bitcoin on a macro time frame. Fortunately for the cryptocurrency, the fundamentals of Bitcoin are better than ever. These fundamentals may be enough to allow the cryptocurrency to surmount that resistance level. Here’s Why $13,000 Is So Important for Bitcoin on a Macro Time Frame Bitcoin’s recent push higher has made some investors look ahead, speculating as to what comes next if the leading cryptocurrency manages to set new year-to-date highs. One crypto-asset trader believes that should BTC surmount its summer highs of $12,500,…

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