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Bitcoin price coils as market confirms K as ‘real resistance’

Bitcoin price coils as market confirms $65K as ‘real resistance’

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Source: Coin Telegraph

BTC price “chop” is still the name of the game, with Bitcoin bulls yet to mount a charge at a $65,000 sell wall.

Bitcoin (BTC) faced inertia at the Sept. 25 Wall Street open as overhead resistance strengthened.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView tracked a return below $64,000 for BTC/USD after the pair hit new one-month highs of $64,795 on Bitstamp.

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Author: William Suberg