Bitcoin

<ul><li>Bitcoin struggles to surpass the $30,270-$32,150 resistance with 770K addresses buying 360K BTC.</li><li>The $29,330-$30,200 support holds strong with 700K addresses buying 390K BTC.</li><li>Caution is advised as the next key support is at $27,600-$28,450 if $29,330-$30,200 breaks.</li></ul>According to popular analyst and trader Ali (&#64;ali_charts), <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">Bitcoin</a>‘s ongoing struggle to break the $30,270-$32,150 resistance level has caught the attention of many crypto enthusiasts. Recent data suggests a whopping 770K addresses have bought 360K BTC at this crucial point, which is making it a tough hurdle for Bitcoin bulls to overcome.However, the good news, according to Ali, is that the $29,330-$30,200 support level has held strong, with 700K addresses already purchasing 390K BTC. This positive development indicates a strong buying sentiment among investors, which is crucial for Bitcoin’s overall stability in the market.<a href="https://coinedition.com/bitcoin-faces-tough-hurdles-to-overcome-resistance-level/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Bitcoin Faces Tough Hurdles to Overcome Resistance Level

Coin Edition

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