Bitcoin btc
$ usd
Technical Analysis

Bitcoin (BTC) Bounces After Rejection From $44,200 Resistance

2 mins
Updated by Ryan James
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In Brief

  • BTC has broken out from a descending parallel channel.
  • There is support and resistance at $42,100 and $44,400.
  • Technical indicators are mixed.
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For BeInCrypto’s previous Bitcoin (BTC) analysis, click here.


In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

Valdrin Tahiri
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing...