It’s “Super Critical” That Bitcoin Maintains $11,100 Moving Forward


Bitcoin has undergone a strong rally over the past few days. After reaching lows of $10,400 just a week ago, the coin has entered a strong uptrend. At the highs of Friday evening, BTC traded as high as $11,500, far above the aforementioned lows. Analysts say that Bitcoin bulls must maintain $11,100 moving forward to maintain their current trend. Technically, technical and fundamental signs suggest that further upside is to be expected in the coming days and weeks. One analyst noted that BTC’s medium-term RSI readings indicate that this rally has legs. Bitcoin Must Maintain $11,100 Moving Forward, Analyst Says Bitcoin is positioned to continue its ascent if it manages to establish $11,100 as support, one analyst recently said. He shared the chart below just recently, noting that this region has been pivotal for BTC over recent days. “Speed, power and momentum. Eyes on the upper range at a $11,800’s…

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