Bitcoin Has Yet to Break Key Resistance Despite Strong Monthly Close

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Bitcoin is currently posting a somewhat weak attempt to shatter the resistance laced throughout the upper-$10,000 region A break above here could open the gates for a move post $11,200, which would mark an end to its recent bout of sideways trading That being said, the crypto has yet to firmly climb above one key level that an analyst is closely watching Until it does so, the significance of this recent push higher remains somewhat unclear Analysts are also noting that a downturn here could signal that serious losses are right around the corner Bitcoin and the entire crypto market are attempting to push higher and put an end to the recent bout of consolidation. BTC – which has been stuck between $10,200 and $11,200 – is now pushing towards $11,000, with this move coming about following a week-long bout of sideways trading between $10,600 and $10,800. One trader is…

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