End Of Rally? Bitcoin $58,274 Resistance Holding Strong.

12:00 am, Sat, 13 March 21

Current Bitcoin Data

Dominance
Price
Market Cap
Volume (24h)
1h
12h
1d
7d
1m
1y
?
End Of Rally? Bitcoin $58,274 Resistance Holding Strong.
Bitcoin running into key resistance on the 1-hour time frame

The Bitcoin price has been rallying for the past few days now, fueling the hopes that the Bitcoin bull run has finally resumed after Bitcoin crashed more than 22% from its ATHs.

However, this dream might be cut short as Bitcoin has been unable to break through the $58,274 ATHs set by Bitcoin only a few weeks before. If the bears continue to hold this position, there is a very high probability that we can expect to see translate into a sell-off soon.

End Of Rally? Bitcoin $58,274 Resistance Holding Strong.
Bitcoin still unable to breakthrough the $$58,274 after multiple trials

You can take advantage of these Bitcoin trade setups on Bybit. The platform is fantastic for both beginners and experienced traders.

You also get up to $200 in bonus when you signup and deposit using our Bybit link.

What Does It Mean For Bitcoin? End OF Rally?

Bitcoin price remains very bullish on the 1-hour timeframe

While Bitcoin is still struggling to break through the $58,274 resistance and make a new ATH, it is important to note that Bitcoin is still very bullish.

We are yet to see weakness come into the Bitcoin price. The Bulls are buying up every price deep!

This high buying frenzy occurring on the Bitcoin chat increases the probability of BTC breaking through the $58,274 resistance and creating a new high to over 80%.

However, we still love to see price confirmation before entering any position. This way we avoid getting drawn in by fake moves or spikes in price.

Bitcoin bullish price prediction on the 1-hour timeframe

To take advantage of this Bitcoin trade setup, you can sign up using this link to get up to $200 after your first deposit.

Claim up to $30,030 in Bonus

100x Leverage

We also created a video below where we talked more in-depth about the patterns developing on the Bitcoin and Altcoin chat as well as key fundamental factors that might affect the Bitcoin price in the coming days.

To gain more information on how to partake in this coming Bitcoin Bull run and trade this cryptocurrency, you can read my How To Trade Bitcoin Guide. You can also check my top list of Best Bitcoin Exchanges To Trade With

Recommended Bitcoin Trading Platforms:
★★★★★
★★★★★

Rating: 94%

Claim up to $30,030 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 89%

Claim up to $4100 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 91%

Claim up to $7000 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.050%
Maker:
0.050%
Wire:
Credit:
Crypto: