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Crypto

Bitcoin testing its 2023 high

MarketsFN Team

•1 min read
Bitcoin testing its 2023 high

BTCUS gaining 1% 30,000 at 30,242.28, trying to win its 2023 top near 31,043. The most important resistance in case this bullish uptrend would continue is going to be its 38.2% Fibonacci Retracement of the downtrend November 2011 – November 2022, where it had retraced 77% from its market top 68,913.

Bitcoin rallied from the 15,216 November low 89%.

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